Garden Prairie, IL Home Values & Market Trends
Real estate market trends reflect that there have been 14 transactions over the past year in Garden Prairie. The median value for residential home transactions that occurred over the previous year is $268,385. The number of current listings in Garden Prairie is 9, and the percentage of properties for sale in the city is 9.00%. Garden Prairie, IL currently has 4 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 9 properties for sale.
Garden Prairie, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61038 | $ 268,385 $ 207/sqft |
Housing Market Summary for Garden Prairie, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $454.9K | $395K | -13.17% |
| Median Sold Price | $294K | $463.3K | 57.57% |
| Homes For Sale | 7 | 10 | 42.86% |
| Homes Sold | 11 | 3 | -72.73% |
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 Garden Prairie, IL
Browse Homes in Garden Prairie, IL
Garden Prairie home values range from $157,000 to $633,674. The median estimated value of a home in Garden Prairie is $268,385. The median list price of a home is 395,000, and the total count of properties in the city is 20.
- Pre-ForeclosurePre-foreclosure homes account for 20.00% of all residential properties in Garden Prairie, IL with 61038 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Garden Prairie, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $290,806 in 61038 to the lowest home value of $207,137 in 61038.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Garden Prairie, 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 Garden Prairie, IL. There is 1 zips within Garden Prairie, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Garden Prairie, IL. Auction homes and other auction properties account for 0% of all properties in Garden Prairie, IL. There is 1 zips within Garden Prairie, 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.
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Guide for Garden Prairie, IL
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
