New Memphis, IL Home Values & Market Trends
Real estate market trends reflect that there have been 5 transactions over the past year in New Memphis. The median value for residential home transactions that occurred over the previous year is $160,903.5. The number of current listings in New Memphis is 0, and the percentage of properties for sale in the city is 0.00%. New Memphis, IL currently has 3 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 0 properties for sale.
New Memphis, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
62266 | $ -- $ -- |
Housing Market Summary for New Memphis, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $0 | $80,031 | - |
Median Sold Price | $121.6K | $80,031 | -34.21% |
Homes For Sale | 0 | 0 | - |
Homes Sold | 2 | 2 | - |
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 New Memphis, IL
Browse Homes in New Memphis, IL
New Memphis home values range from $21,670 to $285,990. The median estimated value of a home in New Memphis is $160,903.5. The median list price of a home is 0, and the total count of properties in the city is 90.
- Pre-ForeclosurePre-foreclosure homes account for 3.33% of all residential properties in New Memphis, IL with 62266 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Memphis, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $104,704 in 62266 to the lowest home value of $31,840 in 62266.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Memphis, 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 New Memphis, IL. There is 1 zips within New Memphis, 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 New Memphis, IL. Auction homes and other auction properties account for 0% of all properties in New Memphis, IL. There is 1 zips within New Memphis, 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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