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Featured local agent — East Gillespie, IL
Sarah Mitchell
Compass Real Estate · East Gillespie, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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East Gillespie, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$96,500median sale price
How is the East Gillespie, IL housing market right now?
The median home sale price in East Gillespie, IL is $96,500. Homes sell in an average of 36 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is East Gillespie a buyer's or seller's market?
East Gillespie, IL is currently a seller's market, based on 1.0 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
36
Average pace
Active listings
1
1.0 months supply
Sale-to-list
96.6%
Below asking
What does the East Gillespie housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $96,500 |
| Median list price | $94,000 |
| Average days on market | 36 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 96.6% |
| Median price per sq ft | $72/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in East Gillespie by property type?
How the East Gillespie, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $96,500 | $72/sq ft | 1 | 36 days |
Source: Redfin · Updated monthly
The East Gillespie housing market is currently classified as a seller's market with a median sale price of $96,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 36 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in East Gillespie
There are currently 1 homes listed for sale in East Gillespie, Illinois. The median listing price is $94K.
Active listings
1
Homes on market
Median list price
$94K
Avg. days on market
36
Days until sale
New this week
1
Newly listed
Who lives in East Gillespie?
Population
325
Median income
$64,167/yr
Median age
56.9 years
Owner-occupied
89.6%
College grads
23.6%
Avg commute
28.6 min
Source: U.S. Census Bureau ACS
What is it like to live in East Gillespie?
East Gillespie is a community of approximately 0K residents with a median age of 56.9 years.The median household income is $64,167, which represents a working-class community with solid middle-income opportunities. 23.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 89.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, East Gillespie offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near East Gillespie, IL?
Want a head-to-head view? Compare East Gillespie side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in East Gillespie?
The median home sale price in East Gillespie is $96,500, down 0.0% from last year.
How long do homes stay on market in East Gillespie?
Homes typically spend 36 days on market before going under contract.
What is the median income in East Gillespie?
The median household income is $64,167 per year.
Is East Gillespie a buyer's or seller's market?
With 1.0 months of supply, East Gillespie is currently a seller's market.
How much does a single-family home cost in East Gillespie?
The median single-family home price in East Gillespie, IL is $96,500 (about $72 per square foot).
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