Condos for sale in 62040, IL

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62040, IL Real Estate Market Overview

In April 2025 in 62040, IL there were 4.7% more homes for sale than in March 2025. Listings spent 63 days on the market in April 2025, and had a median list price of $125,430 during the same period. In April 2025, from all listings sold in 62040, IL there were more than 15 sold above asking price, over 26 sold below and more than 9 were sold right at the asked price.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in 62040, IL

62040 is located in Illinois. There are roughly 42,819 residents, living in 17,320 households. The average temperature for 62040 this time of the year is low of 55F and high of 76F. On average, 62040 gets about 4.15 inches of precipitation in May. Most residents are home owners (71%), have a high school diploma (57%) and are single, no kids (43%).

Data provided by Home Junction

Schools near 62040, IL

Elementary Schools

  • Bryan Hill Elementary School

    4342 Aldine Ave

    Public District PK-5

  • Larimore Elementary School

    1025 Trampe Ave

    Public District PK-5

  • Highland Elementary School

    174 Shepley Dr

    Public District KG-5

Middle Schools

  • Madison Jr. High School

    600 Farrish St

    Public District 6-8

  • Coolidge Junior High School

    3231 Nameoki Rd

    Public District 7-8

  • Grigsby Intermediate School

    3801 Cargill Rd

    Public District 5-6

High Schools

  • Riverview Gardens High School

    1218 Shepley Dr

    Public District 9-12

  • Madison Sr. High School

    600 Farrish St

    Public District 9-12

  • Granite City High School

    3148 Fehling Rd

    Public District 9-12

Data provided by Great Schools

Housing market reports in Madison County

Homes for sale near 62040, IL

Top real estate cities in Illinois

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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