Mansfield, IL Home Values & Market Trends
Real estate market trends reflect that there have been 0 transactions over the past year in Mansfield. The median value for residential home transactions that occurred over the previous year is $248,990. The number of current listings in Mansfield is 25, and the percentage of properties for sale in the city is 25.00%. Mansfield, IL currently has 3 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 25 properties for sale.
Mansfield, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61854 | $ 248,990 $ 168/sqft |
Housing Market Summary for Mansfield, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $257.4K | $259.9K | 0.97% |
| Median Sold Price | $0 | $0 | - |
| Homes For Sale | 16 | 26 | 62.50% |
| Homes Sold | 0 | 0 | - |
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 Mansfield, IL
Browse Homes in Mansfield, IL
Mansfield home values range from $65,266 to $459,900. The median estimated value of a home in Mansfield is $248,990. The median list price of a home is 259,900, and the total count of properties in the city is 31.
- Pre-ForeclosurePre-foreclosure homes account for 9.68% of all residential properties in Mansfield, IL with 61854 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mansfield, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $360,870 in 61854 to the lowest home value of $165,870 in 61854.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mansfield, 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 Mansfield, IL. There is 1 zips within Mansfield, 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 Mansfield, IL. Auction homes and other auction properties account for 0% of all properties in Mansfield, IL. There is 1 zips within Mansfield, 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 Mansfield, 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.
