London Mills, IL Home Values & Market Trends

Real estate market trends reflect that there have been 2 transactions over the past year in London Mills. The median value for residential home transactions that occurred over the previous year is $85,145. The number of current listings in London Mills is 2, and the percentage of properties for sale in the city is 2.00%. London Mills, IL currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 2 properties for sale.

London Mills, IL Real Estate Market Overview

ZipMedian Est. Value
61544

$ 85,145

$ 86/sqft

Housing Market Summary for London Mills, IL

Sep 2025September 2026Change
Median Listing Price$0$0-
Median Sold Price$51,179$0-100.00%
Homes For Sale61-83.33%
Homes Sold20-100.00%
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

Explore recent offers and recently sold homes in London Mills, IL

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Browse Homes in London Mills, IL

London Mills home values range from $49,900 to $120,389. The median estimated value of a home in London Mills is $85,145. The median list price of a home is 0, and the total count of properties in the city is 4.

Foreclosure
There is 1 zips within London Mills, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $62,059 in 61544 to the lowest value of $62,059 in 61544. Foreclosure homes account for 25.00% of properties in London Mills, IL with 61544 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in London Mills, 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 London Mills, 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 London Mills, 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 London Mills, IL. There is 1 zips within London Mills, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    61544 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of London Mills, IL. Auction homes and other auction properties account for 25.00% of all properties in London Mills, IL. There is 1 zips within London Mills, IL; of that zips, the median estimated home value for homes going to auction ranges from $62,059 in 61544 to the lowest value of $62,059 in 61544.
Homes for Sale
Homes and properties that are actively listed for sale account for 50.00% of residential properties in London Mills, IL with 61544 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within London Mills, IL; homes for sale in that zips, have a range of median values from $120,389 in 61544 to the lowest value of $49,900 in 61544.
    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 London Mills, 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 London Mills, IL.

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      Guide for London Mills, 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.

      Recently Listed Homes London Mills, IL

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