South Beloit, IL Home Values & Market Trends

Real estate market trends reflect that there have been 164 transactions over the past year in South Beloit. The median value for residential home transactions that occurred over the previous year is $259,102. The number of current listings in South Beloit is 110, and the percentage of properties for sale in the city is 110.00%. South Beloit, IL currently has 5 properties in foreclosure, 1 bank owned properties, 4 properties headed for auction, and 110 properties for sale.

South Beloit, IL Real Estate Market Overview

ZipMedian Est. Value
61080

$ 259,102

$ 203/sqft

Housing Market Summary for South Beloit, IL

Sep 2025September 2026Change
Median Listing Price$244.9K$264.9K8.16%
Median Sold Price$208.9K$190.3K-8.90%
Homes For Sale47105123.40%
Homes Sold7155-22.54%
Price
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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%.

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Browse Homes in South Beloit, IL

South Beloit home values range from $67,438 to $821,061. The median estimated value of a home in South Beloit is $259,102. The median list price of a home is 264,950, and the total count of properties in the city is 179.

Foreclosure
There is 1 zips within South Beloit, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $158,456 in 61080 to the lowest value of $119,684 in 61080. Foreclosure homes account for 2.00% of properties in South Beloit, IL with 61080 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in South Beloit, 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 South Beloit, 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 Owned
    The median estimated home value of bank owned homes (REO properties) in South Beloit, IL ranges from the highest value of $119,684 in 61080 to the lowest value of $119,684 in 61080. Bank owned homes and properties account for 0.56% of properties in South Beloit, IL. There is 1 zips within South Beloit, IL; 61080 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    61080 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of South Beloit, IL. Auction homes and other auction properties account for 2.23% of all properties in South Beloit, IL. There is 1 zips within South Beloit, IL; of that zips, the median estimated home value for homes going to auction ranges from $158,456 in 61080 to the lowest value of $123,822 in 61080.
Homes for Sale
Homes and properties that are actively listed for sale account for 61.45% of residential properties in South Beloit, IL with 61080 containing 110 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within South Beloit, IL; homes for sale in that zips, have a range of median values from $821,061 in 61080 to the lowest value of $70,490 in 61080.
    Sold Homes
    The median value for recently sold homes ranges from $721,467 in 61080 to the lowest price of $67,438 in 61080. There is 1 zips within South Beloit, IL. 61080 has 59 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 32.96% of properties in South Beloit, IL.

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      Guide for South Beloit, IL

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.