Henry County, IL Home Values & Market Trends

The median home price in Henry County, IL is $121,717.34. There were 846 home sales in Henry County, IL over the past 12 months. The median residential Henry County, IL home value for transactions over the previous year is $97,750. The number of current listings in Henry County, IL is 26, and the percentage of properties for sale is 26.00%. The county has 54 foreclosures, 8 bank owned properties, 6 headed for auction, and 26 properties for sale.

Henry County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Geneseo

$ 240,744

$ 144/sqft

Bishop Hill

$ --

$ --

Colona

$ 215,942

$ 116/sqft

Ophiem

$ --

$ --

Orion

$ 194,528

$ 130/sqft

Atkinson

$ --

$ --

Annawan

$ 45,651

$ 51/sqft

Lynn Center

$ --

$ --

Cambridge

$ 146,796

$ 73/sqft

Galva

$ --

$ --

Alpha

$ 150,538

$ 73/sqft

Hooppole

$ --

$ --

Woodhull

$ 114,803

$ 55/sqft

Andover

$ --

$ --

Kewanee

$ 125,000

$ 88/sqft

Osco

$ --

$ --

Housing Market Summary for Henry County, IL

Apr 2023March 2024Change
Median Listing Price$140K$113.4K-19.00%
Median Sold Price$107.4K$113.4K5.64%
Homes For Sale2424-
Homes Sold456456-
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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 Henry County, IL

Henry County, IL home values range from $16,100 to $1,871,737. Geneseo is the priciest city with a median listing home price of $212,000, and Annawan is most affordable with average house prices of around $62,500.

Foreclosure
There are 16 cities within Henry County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $170,548 in Kewanee to the lowest value of $22,432 in Kewanee. Foreclosure homes account for 0.00% of properties in Henry County, IL with Kewanee containing 21 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.22% of all residential properties in Henry County, IL with Kewanee containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Henry County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $86,952 in Atkinson to the lowest home value of $22,432 in Kewanee.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Henry County, IL ranges from the highest value of $79,900 in Geneseo to the lowest value of $35,036 in Kewanee. Bank owned homes and properties account for 0.04% of properties in Henry County, IL. There are 16 cities within Henry County, IL; Kewanee containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Kewanee has 4 auction properties, the highest number of properties going to auction in a single city in the state of Henry County, IL. Auction homes and other auction properties account for 0.03% of all properties in Henry County, IL. There are 16 cities within Henry County, IL; of those cities, the median estimated home value for homes going to auction ranges from $172,015 in Geneseo to the lowest value of $45,843 in Geneseo.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Henry County, IL with Geneseo containing 7 homes for sale, the highest number of listed properties in a single city. There are 16 cities within Henry County, IL; homes for sale in those cities, have a range of median values from $1,398,111 in Geneseo to the lowest value of $27,846 in Annawan.
    Sold Homes
    The median value for recently sold homes ranges from $200,929 in Lynn Center to the lowest price of $16,460 in Lynn Center. There are 16 cities within Henry County, IL. Kewanee has 146 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.47% of properties in Henry County, IL.

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      Guide for Henry County, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports
      Anchorage Real Estate Market Report April 2024
      See More Articles
      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.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Anchorage Real Estate Market Report April 2024
      Market Reports|posted 17 April 2024

      An examination of the real estate market in Anchorage, Alaska, comparing property values, sales trends, and foreclosure rates with nearby cities to provide a comprehensive understanding of regional market trends.

      Recently Listed Homes Henry County, IL

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