Braceville, IL Home Values & Market Trends

Real estate market trends reflect that there have been 25 transactions over the past year in Braceville. The median value for residential home transactions that occurred over the previous year is $219,900. The number of current listings in Braceville is 22, and the percentage of properties for sale in the city is 22.00%. Braceville, IL currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 22 properties for sale.

Braceville, IL Real Estate Market Overview

ZipMedian Est. Value
60407

$ 212,968

$ 142/sqft

Housing Market Summary for Braceville, IL

Sep 2025September 2026Change
Median Listing Price$89,450$328.9K267.69%
Median Sold Price$206.8K$174.5K-15.62%
Homes For Sale722214.29%
Homes Sold83-62.50%
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 Braceville, IL

Braceville home values range from $105,246 to $595,905. The median estimated value of a home in Braceville is $219,900. The median list price of a home is 289,400, and the total count of properties in the city is 27.

Foreclosure
There is 1 zips within Braceville, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $247,302 in 60407 to the lowest value of $145,840 in 60407. Foreclosure homes account for 3.00% of properties in Braceville, IL with 60407 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 3.70% of all residential properties in Braceville, IL with 60407 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Braceville, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $145,840 in 60407 to the lowest home value of $145,840 in 60407.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Braceville, 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 Braceville, IL. There is 1 zips within Braceville, 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 Braceville, IL. Auction homes and other auction properties account for 0% of all properties in Braceville, IL. There is 1 zips within Braceville, 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 81.48% of residential properties in Braceville, IL with 60407 containing 30 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Braceville, IL; homes for sale in that zips, have a range of median values from $501,643 in 60407 to the lowest value of $80,159 in 60407.
    Sold Homes
    The median value for recently sold homes ranges from $595,905 in 60407 to the lowest price of $73,989 in 60407. There is 1 zips within Braceville, IL. 60407 has 6 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 11.11% of properties in Braceville, IL.

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      Guide for Braceville, IL

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.