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HOPEDALE, IL 61747

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The HOPEDALE, IL real estate market (61747) currently shows 5 active listings, with 1 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 28 days on market compared to 18 days last year.

The median listing price has risen 193.7% year-over-year, from $157,450 to $462,500.

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Market Context

Market Context

Population: 1,452  ·  Density: 19.4/mi²  ·  Median household income: $84,792

Typical home value: $187,947  ·  Homeownership: 79.4%

Market Overview

Active Listings
5
⇧ 400% vs 1 last year
Pending
1
20% pending ratio
Median Price
$462,500
⇧ 193.7% vs $157,450 last year
Average Price
$483,297
⇧ 207% vs $157,450 last year
Days on Market
28
⇧ 55.6% vs 18 days last year

Price Per Square Foot

Median $/sqft
$189
⇧ 60.2% vs $118/sqft last year
Median Home Size
2,134 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 1 last year
  • Days on market: 28 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $462,500 (+193.7% YoY)
  • Average: $483,297 (+207% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.9 miles — 220 listings ($51,221,986 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61747Hopedale, IL 617470.0 mi2$350,000$175,000$175,000
61759Minier, IL 617595.8 mi3$755,700$248,250$251,900
62635Emden, IL 626358.5 mi1$200,000$200,000$200,000
61534Green Valley, IL 6153412.2 mi1$239,900$239,900$239,900
61535Groveland, IL 6153512.6 mi4$761,868$152,400$190,467
61554Pekin, IL 6155413.2 mi103$21,697,053$145,550$210,651
62682San Jose, IL 6268213.6 mi1$69,900$69,900$69,900
61732Danvers, IL 6173214.3 mi4$751,252$186,875$187,813
61754McLean, IL 6175415.8 mi3$2,576,250$858,750$858,750
61729Congerville, IL 6172918.2 mi2$200,000$100,000$100,000
62656Lincoln, IL 6265619.5 mi53$9,244,101$139,175$174,417
61772Shirley, IL 6177219.6 mi1$187,900$187,900$187,900
61571Washington, IL 6157119.9 mi42$14,188,062$263,675$337,811

Frequently Asked Questions

How many homes are for sale in HOPEDALE, IL 61747?

As of September 2026, there are 5 active listings in HOPEDALE, IL (zip code 61747), compared to 1 the prior year.

What is the median home price in HOPEDALE, IL 61747?

The median listing price in HOPEDALE, IL 61747 is $462,500 as of September 2026, a 193.7% increase from $157,450 the prior year.

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

Homes in HOPEDALE, IL 61747 spend an average of 28 days on the market before going under contract, compared to 18 days the prior year.

Is it a seller's or buyer's market in HOPEDALE, IL 61747?

Based on current inventory and days-on-market data as of September 2026, HOPEDALE, IL 61747 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 28 days on market compared to 18 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HOPEDALE, IL 61747 save an estimated $9,250 compared to a typical 5% commission on the median listing price of $462,500. 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.