Peotone, IL Home Values & Market Trends
Real estate market trends reflect that there have been 63 transactions over the past year in Peotone. The median value for residential home transactions that occurred over the previous year is $349,900. The number of current listings in Peotone is 68, and the percentage of properties for sale in the city is 68.00%. Peotone, IL currently has 17 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 68 properties for sale.
Peotone, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60468 | $ 349,900 $ 173/sqft |
Housing Market Summary for Peotone, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $336.5K | $332.5K | -1.19% |
| Median Sold Price | $314K | $282.8K | -9.93% |
| Homes For Sale | 45 | 64 | 42.22% |
| Homes Sold | 37 | 39 | 5.41% |
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 Peotone, IL
Browse Homes in Peotone, IL
Peotone home values range from $110,804 to $863,783. The median estimated value of a home in Peotone is $349,900. The median list price of a home is 342,450, and the total count of properties in the city is 132.
- Pre-ForeclosurePre-foreclosure homes account for 12.12% of all residential properties in Peotone, IL with 60468 containing 16 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Peotone, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $514,900 in 60468 to the lowest home value of $170,646 in 60468.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Peotone, 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 Peotone, IL. There is 1 zips within Peotone, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60468 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Peotone, IL. Auction homes and other auction properties account for 0.76% of all properties in Peotone, IL. There is 1 zips within Peotone, IL; of that zips, the median estimated home value for homes going to auction ranges from $391,760 in 60468 to the lowest value of $391,760 in 60468.
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Guide for Peotone, 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.
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