Gillespie, IL Home Values & Market Trends
Real estate market trends reflect that there have been 58 transactions over the past year in Gillespie. The median value for residential home transactions that occurred over the previous year is $112,000. The number of current listings in Gillespie is 42, and the percentage of properties for sale in the city is 42.00%. Gillespie, IL currently has 10 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 42 properties for sale.
Gillespie, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62033 | $ 112,000 $ -- |
Housing Market Summary for Gillespie, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $94,250 | $74,400 | -21.06% |
| Median Sold Price | $130.2K | $109.1K | -16.19% |
| Homes For Sale | 37 | 42 | 13.51% |
| Homes Sold | 37 | 25 | -32.43% |
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 Gillespie, IL
Browse Homes in Gillespie, IL
Gillespie home values range from $20,246 to $350,000. The median estimated value of a home in Gillespie is $112,000. The median list price of a home is 74,400, and the total count of properties in the city is 83.
- Pre-ForeclosurePre-foreclosure homes account for 8.43% of all residential properties in Gillespie, IL with 62033 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Gillespie, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $130,854 in 62033 to the lowest home value of $53,689 in 62033.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Gillespie, IL ranges from the highest value of $65,477 in 62033 to the lowest value of $65,477 in 62033. Bank owned homes and properties account for 1.20% of properties in Gillespie, IL. There is 1 zips within Gillespie, IL; 62033 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62033 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Gillespie, IL. Auction homes and other auction properties account for 2.41% of all properties in Gillespie, IL. There is 1 zips within Gillespie, IL; of that zips, the median estimated home value for homes going to auction ranges from $100,492 in 62033 to the lowest value of $44,900 in 62033.
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Guide for Gillespie, 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 […]
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