Raleigh, IL Home Values & Market Trends

Real estate market trends reflect that there have been 6 transactions over the past year in Raleigh. The median value for residential home transactions that occurred over the previous year is $146,120. The number of current listings in Raleigh is 0, and the percentage of properties for sale in the city is 0.00%. Raleigh, IL currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 0 properties for sale.

Raleigh, IL Real Estate Market Overview

ZipMedian Est. Value
62977

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Housing Market Summary for Raleigh, IL

Apr 2023March 2024Change
Median Listing Price$0$135.3K-
Median Sold Price$0$135.3K-
Homes For Sale00-
Homes Sold03-
Price
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Homes For Sale
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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%.

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Browse Homes in Raleigh, IL

Raleigh home values range from $36,810 to $608,539. The median estimated value of a home in Raleigh is $146,120. The median list price of a home is 0, and the total count of properties in the city is 226.

Foreclosure
There is 1 zips within Raleigh, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Raleigh, IL with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Raleigh, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Raleigh, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Raleigh, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Raleigh, IL. There is 1 zips within Raleigh, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Raleigh, IL. Auction homes and other auction properties account for 0% of all properties in Raleigh, IL. There is 1 zips within Raleigh, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.00% of residential properties in Raleigh, IL with 62977 containing 0 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Raleigh, IL; homes for sale in that zips, have a range of median values from $0 in 62977 to the lowest value of $0 in 62977.
    Sold Homes
    The median value for recently sold homes ranges from $142,884 in 62977 to the lowest price of $102,900 in 62977. There is 1 zips within Raleigh, IL. 62977 has 3 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.33% of properties in Raleigh, IL.

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      Guide for Raleigh, IL

      Buy to Rent
      Raleigh Real Estate Grows in 2023: Overview and Comparison to Neighboring Markets
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      See More Articles
      Raleigh Real Estate Grows in 2023: Overview and Comparison to Neighboring Markets
      Buy to Rent|posted 6 February 2024

      Raleigh’s real estate market in 2023 displays robust growth with increased average property values and sold prices. However, contrasting trends in neighboring cities such as Zebulon, Youngsville, Wilson, and Yanceyville underline the need for thorough market understanding for real estate investments.

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Recently Listed Homes Raleigh, IL

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