Rantoul, IL Home Values & Market Trends
Real estate market trends reflect that there have been 263 transactions over the past year in Rantoul. The median value for residential home transactions that occurred over the previous year is $112,596.47. The number of current listings in Rantoul is 6, and the percentage of properties for sale in the city is 6.00%. Rantoul, IL currently has 18 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 6 properties for sale.
Rantoul, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61866 | $ 114,284 $ 78/sqft |
Housing Market Summary for Rantoul, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $134.4K | $84,314 | -37.29% |
| Median Sold Price | $89,840 | $84,314 | -6.15% |
| Homes For Sale | 8 | 8 | - |
| Homes Sold | 99 | 158 | 59.60% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Rantoul, IL
Browse Homes in Rantoul, IL
Rantoul home values range from $19,809 to $660,929. The median estimated value of a home in Rantoul is $112,596.47. The median list price of a home is 86,700, and the total count of properties in the city is 3,534.
- Pre-ForeclosurePre-foreclosure homes account for 0.42% of all residential properties in Rantoul, IL with 61866 containing 15 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Rantoul, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $214,348 in 61866 to the lowest home value of $56,401 in 61866.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rantoul, IL ranges from the highest value of $40,000 in 61866 to the lowest value of $40,000 in 61866. Bank owned homes and properties account for 0.03% of properties in Rantoul, IL. There is 1 zips within Rantoul, IL; 61866 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61866 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Rantoul, IL. Auction homes and other auction properties account for 0.06% of all properties in Rantoul, IL. There is 1 zips within Rantoul, IL; of that zips, the median estimated home value for homes going to auction ranges from $79,464 in 61866 to the lowest value of $66,005 in 61866.
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Guide for Rantoul, IL
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