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Featured local agent — Latham, IL
Sarah Mitchell
Compass Real Estate · Latham, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Latham, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$90,000median sale price
How is the Latham, IL housing market right now?
The median home sale price in Latham, IL is $90,000. Homes sell in an average of 9 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of November 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Latham a buyer's or seller's market?
Latham, IL is currently a balanced market and homes selling in about 9 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
9
Fast-moving
Active listings
—
Sale-to-list
94.7%
Below asking
What does the Latham housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $90,000 |
| Average days on market | 9 days |
| Sale-to-list price ratio | 94.7% |
| Median price per sq ft | $80/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Latham by property type?
How the Latham, 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 | $90,000 | $80/sq ft | 1 | 9 days |
Source: Redfin · Updated monthly
The Latham housing market is currently classified as a balanced market with a median sale price of $90,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 9 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Latham
Explore homes currently listed for sale in Latham, Illinois across major real estate platforms.
Who lives in Latham?
Population
322
Median income
$76,667/yr
Median age
47.6 years
Owner-occupied
88.4%
College grads
20.5%
Avg commute
25.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Latham?
Latham is a community of approximately 0K residents with a median age of 47.6 years.The median household income is $76,667, which reflects a relatively affluent area with strong earning potential. 20.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 88.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Latham offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Latham, IL?
Want a head-to-head view? Compare Latham side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Latham?
The median home sale price in Latham is $90,000, down 0.0% from last year.
How long do homes stay on market in Latham?
Homes typically spend 9 days on market before going under contract.
What is the median income in Latham?
The median household income is $76,667 per year.
How much does a single-family home cost in Latham?
The median single-family home price in Latham, IL is $90,000 (about $80 per square foot).
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