Red Bud, IL Home Values & Market Trends
Real estate market trends reflect that there have been 99 transactions over the past year in Red Bud. The median value for residential home transactions that occurred over the previous year is $237,218. The number of current listings in Red Bud is 49, and the percentage of properties for sale in the city is 49.00%. Red Bud, IL currently has 3 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 49 properties for sale.
Red Bud, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62278 | $ 239,727 $ 147/sqft |
Housing Market Summary for Red Bud, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $210K | $205K | -2.38% |
| Median Sold Price | $211.5K | $248K | 17.28% |
| Homes For Sale | 22 | 49 | 122.73% |
| Homes Sold | 80 | 54 | -32.50% |
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 Red Bud, IL
Browse Homes in Red Bud, IL
Red Bud home values range from $54,686 to $564,614. The median estimated value of a home in Red Bud is $237,218. The median list price of a home is 205,000, and the total count of properties in the city is 110.
- Pre-ForeclosurePre-foreclosure homes account for 0.91% of all residential properties in Red Bud, IL with 62278 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Red Bud, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in 62278 to the lowest home value of $0 in 62278.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Red Bud, IL ranges from the highest value of $253,115 in 62278 to the lowest value of $253,115 in 62278. Bank owned homes and properties account for 0.91% of properties in Red Bud, IL. There is 1 zips within Red Bud, IL; 62278 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62278 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Red Bud, IL. Auction homes and other auction properties account for 0.91% of all properties in Red Bud, IL. There is 1 zips within Red Bud, IL; of that zips, the median estimated home value for homes going to auction ranges from $142,291 in 62278 to the lowest value of $142,291 in 62278.
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Guide for Red Bud, 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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