Lacon, IL Home Values & Market Trends

Real estate market trends reflect that there have been 0 transactions over the past year in Lacon. The median value for residential home transactions that occurred over the previous year is $128,265.81. The number of current listings in Lacon is 1, and the percentage of properties for sale in the city is 1.00%. Lacon, IL currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 1 properties for sale.

Lacon, IL Real Estate Market Overview

ZipMedian Est. Value
61540

$ 92,305

$ 51/sqft

Housing Market Summary for Lacon, IL

Apr 2023March 2024Change
Median Listing Price$83,000$0-100.00%
Median Sold Price$0$0-
Homes For Sale12100.00%
Homes Sold00-
Price
$/Sqft
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

Explore recent offers and recently sold homes in Lacon, IL

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Browse Homes in Lacon, IL

Lacon home values range from $26,537 to $796,601. The median estimated value of a home in Lacon is $128,265.81. The median list price of a home is 189,900, and the total count of properties in the city is 1,008.

Foreclosure
There is 1 zips within Lacon, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $146,409 in 61540 to the lowest value of $61,077 in 61540. Foreclosure homes account for 0.00% of properties in Lacon, IL with 61540 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Lacon, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lacon, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lacon, 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 Lacon, IL. There is 1 zips within Lacon, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    61540 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Lacon, IL. Auction homes and other auction properties account for 0.20% of all properties in Lacon, IL. There is 1 zips within Lacon, IL; of that zips, the median estimated home value for homes going to auction ranges from $146,409 in 61540 to the lowest value of $61,077 in 61540.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.10% of residential properties in Lacon, IL with 61540 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lacon, IL; homes for sale in that zips, have a range of median values from $92,305 in 61540 to the lowest value of $92,305 in 61540.
    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 Lacon, 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 Lacon, IL.

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      Guide for Lacon, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      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.

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Lacon, IL

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