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BRACEVILLE, IL 60407

Real Estate Market Report  ·  Grundy County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 71.4% vs 7 last year
Pending
1
50% pending ratio
Median Price
$495,000
⇧ 46.7% vs $337,475 last year
Average Price
$495,000
⇧ 59.1% vs $311,121 last year
Days on Market
73
⇩ 13.1% vs 84 days last year

Market Context

Population: 1,581  ·  Density: 45.2/mi²  ·  Median household income: $83,542

Typical home value: $157,159  ·  Homeownership: 81.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The BRACEVILLE, IL real estate market (60407) currently shows 2 active listings, with 1 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 73 days on market compared to 84 days last year.

The median listing price has risen 46.7% year-over-year, from $337,475 to $495,000.

Whether you are buying or selling in BRACEVILLE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 7 last year
  • Days on market: 73 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $495,000 (+46.7% YoY)
  • Average: $495,000 (+59.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.1 miles — 328 listings ($133,788,709 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60407Braceville, IL 604070.0 mi2$990,000$495,000$495,000
60416Coal City, IL 604164.5 mi21$7,460,691$359,000$355,271
60935Essex, IL 609356.4 mi3$1,248,900$339,000$416,300
60481Wilmington, IL 604818.0 mi38$13,861,564$267,450$364,778
60420Dwight, IL 6042012.8 mi8$1,858,880$217,500$232,360
60917Buckingham, IL 6091713.3 mi3$1,223,100$407,700$407,700
60410Channahon, IL 6041013.4 mi63$28,731,591$439,450$456,057
60941Herscher, IL 6094116.2 mi5$997,250$202,450$199,450
60447Minooka, IL 6044718.1 mi49$19,122,544$362,500$390,256
60442Manhattan, IL 6044219.3 mi32$14,065,728$437,250$439,554
60404Shorewood, IL 6040419.3 mi39$17,805,957$444,900$456,563
60470Ransom, IL 6047020.0 mi1$815,400$815,400$815,400
60914Bourbonnais, IL 6091421.1 mi64$25,607,104$345,000$400,111

Frequently Asked Questions

How many homes are for sale in BRACEVILLE, IL 60407?

As of January 2026, there are 2 active listings in BRACEVILLE, IL (zip code 60407), compared to 7 the prior year.

What is the median home price in BRACEVILLE, IL 60407?

The median listing price in BRACEVILLE, IL 60407 is $495,000 as of January 2026, a 46.7% increase from $337,475 the prior year.

How long do homes stay on the market in BRACEVILLE, IL?

Homes in BRACEVILLE, IL 60407 spend an average of 73 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in BRACEVILLE, IL 60407?

Based on current inventory and days-on-market data as of January 2026, BRACEVILLE, IL 60407 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 73 days on market compared to 84 days last year.

How much can I save on real estate commission in BRACEVILLE, IL?

With SELL123.com's maximum 3% commission, sellers in BRACEVILLE, IL 60407 save an estimated $9,900 compared to a typical 5% commission on the median listing price of $495,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.