Monmouth, IL Home Values & Market Trends
Real estate market trends reflect that there have been 178 transactions over the past year in Monmouth. The median value for residential home transactions that occurred over the previous year is $83,811.34. The number of current listings in Monmouth is 12, and the percentage of properties for sale in the city is 12.00%. Monmouth, IL currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 12 properties for sale.
Monmouth, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
61462 | $ 139,410 $ 81/sqft |
Housing Market Summary for Monmouth, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $130K | $89,822 | -30.91% |
Median Sold Price | $81,000 | $89,822 | 10.89% |
Homes For Sale | 17 | 15 | -11.76% |
Homes Sold | 81 | 93 | 14.81% |
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 Monmouth, IL
Browse Homes in Monmouth, IL
Monmouth home values range from $10,370 to $701,496. The median estimated value of a home in Monmouth is $83,811.34. The median list price of a home is 162,900, and the total count of properties in the city is 3,718.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Monmouth, 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 Monmouth, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Monmouth, IL ranges from the highest value of $250,358 in 61462 to the lowest value of $250,358 in 61462. Bank owned homes and properties account for 0.03% of properties in Monmouth, IL. There is 1 zips within Monmouth, IL; 61462 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61462 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Monmouth, IL. Auction homes and other auction properties account for 0.03% of all properties in Monmouth, IL. There is 1 zips within Monmouth, IL; of that zips, the median estimated home value for homes going to auction ranges from $49,591 in 61462 to the lowest value of $49,591 in 61462.
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