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Featured local agent — Metropolis, IL
Sarah Mitchell
Compass Real Estate · Metropolis, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Metropolis, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$25,000median sale price
How is the Metropolis, IL housing market right now?
The median home sale price in Metropolis, IL is $25,000, down 77.3% year-over-year with 31 active listings. The market is currently a buyer'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 Metropolis a buyer's or seller's market?
Metropolis, IL is currently a buyer's market, based on 31.0 months of supply. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
—
Average pace
Active listings
31
31.0 months supply
Sale-to-list
100.0%
Above asking
What does the Metropolis housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $25,000 |
| Median list price | $124,950 |
| Year-over-year price change | -77.3% |
| Active inventory | 31 listings |
| Months of supply | 31.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $31/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 10 |
| Listings with a price cut | 29.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Metropolis by property type?
How the Metropolis, 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 | $25,000 | $31/sq ft | 1 | — |
| Townhouse | $37,500 | $29/sq ft | 2 | 40 days |
Source: Redfin · Updated monthly
The Metropolis housing market is currently classified as a buyer's market with a median sale price of $25,000. Prices have fallen 77.3% compared to last year, indicating 31.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.3x provides context for how home values compare to local earning capacity.
Homes for sale in Metropolis
There are currently 31 homes listed for sale in Metropolis, Illinois. The median listing price is $125K.
Active listings
31
Homes on market
Median list price
$125K
New this week
10
Newly listed
Who lives in Metropolis?
Population
5,898
Median income
$51,548/yr
Median age
46.3 years
Owner-occupied
67.3%
College grads
14.4%
Avg commute
17.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Metropolis?
Zillow home value
$118,025
Price-to-income
2.3x
Source: Zillow Research
What is it like to live in Metropolis?
Metropolis is a community of approximately 6K residents with a median age of 46.3 years.The median household income is $51,548, which represents a working-class community with solid middle-income opportunities. 14.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Metropolis offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Metropolis?
7 schools tracked · 1,709 students
The largest public schools serving Metropolis, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Massac County High School
Grades 9-12 · 546 students
Metropolis Elem School
Grades PK-6 · 490 students
Massac Jr High School
Grades 7-8 · 285 students
Franklin Elem School
Grades PK-6 · 150 students
Jefferson Elem School
Grades K-6 · 124 students
Maple Grove Elem School
Grades PK-6 · 114 students
Starquest Acad RSSP South
Grades 6-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Metropolis, IL?
Want a head-to-head view? Compare Metropolis side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Metropolis?
The median home sale price in Metropolis is $25,000, down 77.3% from last year.
What is the median income in Metropolis?
The median household income is $51,548 per year.
Is Metropolis a buyer's or seller's market?
With 31.0 months of supply, Metropolis is currently a buyer's market.
What is the Zillow home value estimate for Metropolis?
The Zillow Home Value Index (ZHVI) for Metropolis is $118,025, representing the typical home value in the area.
How much does a single-family home cost in Metropolis?
The median single-family home price in Metropolis, IL is $25,000 (about $31 per square foot).
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