Is it affordable or expensive to buy real estate in 62661, IL?

It is affordable to buy a house in 62661. Buying a home in 62661 is 0% less expensive compared with the national average.

Is it a good time to buy real estate in 62661, IL?

Yes now is a good time to buy property in 62661, in November 2026, homes in 62661 have decreased in value (price per sqft) by 25% in the last year compared with November 2025.

Is the 62661, IL housing market slowing down?

In November 2026, homes for sale in 62661 spent a median of 10 days on the market, a same November 2025 last year.

What are the best and safest places to live in 62661, IL?

The best and safest neighborhoods to live in 62661 in November 2026 are Lake Pointe, Springfield Lake Shore Improvement, Washington Knolls, Mill Creek, Williams Boulevard, Harrison Park, Piper Glen, West Koke Mill, Trevi Gardens, Westchester, Twin Lakes, Oaks, Country Place, Westwood Forum, Glen Aire, Near South, Springfield South Corridor, Grand Central, Old Aristocracy Hill, Lincoln Park

How much money should I make to buy a house in 62661, IL?

In November 2026, 62661 homes were listed to buy for a median price of $175K, with 25% down you would need $1.19K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $40.8K.

Is it a good time to sell my house in 62661, IL?

Yes now is a good time to sell your house in 62661, in November 2026, homes in 62661 have decreased in value (price per sqft) by 25% in the last year compared with November 2025.