Mansfield, IL Home Values & Market Trends

Real estate market trends reflect that there have been 0 transactions over the past year in Mansfield. The median value for residential home transactions that occurred over the previous year is $184,245.67. The number of current listings in Mansfield is 4, and the percentage of properties for sale in the city is 4.00%. Mansfield, IL currently has 3 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 4 properties for sale.

Mansfield, IL Real Estate Market Overview

ZipMedian Est. Value
61854

$ 221,510

$ 147/sqft

Housing Market Summary for Mansfield, IL

Apr 2023March 2024Change
Median Listing Price$149.9K$0-100.00%
Median Sold Price$318.2K$0-100.00%
Homes For Sale14300.00%
Homes Sold10-100.00%
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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Recently Sold Homes

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Browse Homes in Mansfield, IL

Mansfield home values range from $26,038 to $1,780,699. The median estimated value of a home in Mansfield is $184,245.67. The median list price of a home is 192,200, and the total count of properties in the city is 559.

Foreclosure
There is 1 zips within Mansfield, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $227,642 in 61854 to the lowest value of $81,026 in 61854. Foreclosure homes account for 0.00% of properties in Mansfield, IL with 61854 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.54% of all residential properties in Mansfield, IL with 61854 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mansfield, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $227,642 in 61854 to the lowest home value of $81,026 in 61854.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mansfield, 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 Mansfield, IL. There is 1 zips within Mansfield, 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 Mansfield, IL. Auction homes and other auction properties account for 0% of all properties in Mansfield, IL. There is 1 zips within Mansfield, 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 0.72% of residential properties in Mansfield, IL with 61854 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Mansfield, IL; homes for sale in that zips, have a range of median values from $249,900 in 61854 to the lowest value of $194,523 in 61854.
    Sold Homes
    The median value for recently sold homes ranges from $0 in $[recently-sold-highest-avm-region] to the lowest price of $0 in $[recently-sold-highest-avm-region]. There is 1 zips within Mansfield, IL. $[recently-sold-highest-count-region] has 0 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0% of properties in Mansfield, IL.

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      Guide for Mansfield, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      Market Reports
      Knoxville 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.

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Recently Listed Homes Mansfield, IL

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