62274 Housing Market Report February 2025Perry County, Illinois

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Housing Prices in 62274, IL

How much do homes in 62274, IL cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$99,900$76/SqFt
-$36,300
-26.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 62274 has decreased by 26.7% since last year.

Summary: The median home list price in 62274 was $99,900 in February 2025, down 26.7% from the previous year, and the median price per square foot was $76.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
62888
+34.7%
62832
+1.0%
62274
-26.7%
62238
-78.9%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$40.7K$62.4K
+53.3%
2$79.9K$64K
-19.9%
3$167.4K$138.5K
-17.3%
4$229.9K$139.9K
-39.1%
5$284.9K$433.9K
+52.3%

Summary: 62274 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +53.3%. The home price for 2 bedroom homes decreased by -19.9%. The home price for 3 bedroom homes decreased by -17.3%. The home price for 4 bedroom homes decreased by -39.1%. The home price for 5 bedroom homes increased by +52.3%.

Housing supply in 62274, IL

How many homes are available in 62274, IL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
16Last MonthFeb 2025
182 months agoJan 2025
-11.1 %
Change MoMJan – Feb

Summary: The 62274 real estate market had 16 homes for sale in Feb 2025, a 11.1 % decrease compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
110
-100.0%
275
-28.6%
378
+14.3%
422
0.0%
511
0.0%

Summary: 62274 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -28.6%. The inventory for 3 bedroom homes increased by +14.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 62274, IL

How long does it take to sell a home in 62274, IL?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
93 DaysThis YearFeb 2025
97 Days1 year agoFeb 2024
-4.6 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 62274 had an average listing age of 93 days in Feb 2025, down by 4.6% compared to the previous year.

Newest Listings in 62274, IL

What homes are available in 62274, IL?

Nearby markets

MLS Disclaimers and Copyright

Based on information from RMLS Alliance, and Mid America Regional Information System for the period 03/01/2023 - 03/01/2025

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 11:23:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.