62571 Housing Market Report January 2025•Shelby County, Illinois

hero building illustration for mobile

Housing Prices in 62571, IL

How much do homes in 62571, 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.
$49,900–
-$87,500
-63.7%

Based on all homes listed in January 2025

Insight

The list price of homes in 62571 has decreased by 63.7% since December.

Summary: The median home list price in 62571 was $49,900 in January 2025, down 63.7% from the previous month, and the median price per square foot was $0.

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.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2-$17K
N/A
3$137.4K$94.9K
-30.9%
4--
N/A
5--
N/A

Summary: 62571 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -30.9%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in 62571, IL

How many homes are available in 62571, 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
3Last MonthJan 2025
22 months agoDec 2024
+50.0 %
Change MoMDec – Jan

Summary: The 62571 real estate market had 3 homes for sale in Jan 2025, a 50.0 % increase compared to Dec 2024.

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
201
+100.0%
322
0.0%
400
0.0%
500
0.0%

Summary: 62571 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 62571, IL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in 62571, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 62571 in January 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.

Days on Market for 62571, IL

How long does it take to sell a home in 62571, IL?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in 62571 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During January 2025, 2 homes were sold in 62571; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
83 DaysLast MonthJan 2025
205 Days1 month agoDec 2024
-59.4 %
Change MoMDec – Jan

Summary: Homes in 62571 had an average listing age of 83 days in Jan 2025, down by 59.4% compared to the previous month.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in 62571, IL

What homes are available in 62571, IL?

See More Listings

Nearby markets

Nearby markets aren't available for 62571, IL

Popular Cities with Homes for Sale in Illinois

MLS Disclaimers and Copyright

Based on information from Central Illinois Board of Realtors MLS, for the period 12/01/2024 - 02/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Central Illinois Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Central Illinois Board of Realtors.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 10:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.