Simpson, IL Home Values & Market Trends
Real estate market trends reflect that there have been 7 transactions over the past year in Simpson. The median value for residential home transactions that occurred over the previous year is $280,507. The number of current listings in Simpson is 2, and the percentage of properties for sale in the city is 2.00%. Simpson, IL currently has 1 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 2 properties for sale.
Simpson, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62985 | $ 280,507 $ -- |
Housing Market Summary for Simpson, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $0 | $0 | - |
| Median Sold Price | $38,750 | $211.1K | 444.75% |
| Homes For Sale | 2 | 2 | - |
| Homes Sold | 3 | 3 | - |
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 Simpson, IL
Browse Homes in Simpson, IL
Simpson home values range from $19,687 to $340,685. The median estimated value of a home in Simpson is $280,507. The median list price of a home is 0, and the total count of properties in the city is 7.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Simpson, 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 Simpson, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Simpson, IL ranges from the highest value of $220,328 in 62985 to the lowest value of $220,328 in 62985. Bank owned homes and properties account for 14.29% of properties in Simpson, IL. There is 1 zips within Simpson, IL; 62985 containing 1 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 Simpson, IL. Auction homes and other auction properties account for 0% of all properties in Simpson, IL. There is 1 zips within Simpson, 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 Simpson, 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.