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Sarah Mitchell

CNESRESABR

Compass Real Estate · Raritan, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Raritan, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Raritan, IL Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$58,000median sale price

How is the Raritan, IL housing market right now?

The median home sale price in Raritan, IL is $58,000. Homes sell in an average of 7 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of September 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Raritan a buyer's or seller's market?

Balanced market7 avg. days on market

Raritan, IL is currently a balanced market and homes selling in about 7 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

7

Fast-moving

Active listings

Sale-to-list

89.2%

Below asking

What does the Raritan housing market data show?

Current housing market statistics for Raritan, IL
MetricValue
Median sale price$58,000
Average days on market7 days
Sale-to-list price ratio89.2%
Median price per sq ft$27/sq ft
Homes sold (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Raritan by property type?

How the Raritan, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Raritan, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$58,000$27/sq ft17 days

Source: Redfin · Updated monthly

The Raritan housing market is currently classified as a balanced market with a median sale price of $58,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 7 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 Raritan

Explore homes currently listed for sale in Raritan, Illinois across major real estate platforms.

Sale-to-list:89.2%

Who lives in Raritan?

Population

155

Median income

$77,361/yr

Median age

36.6 years

Owner-occupied

92.2%

College grads

11.9%

Avg commute

30.5 min

Source: U.S. Census Bureau ACS

What is it like to live in Raritan?

Raritan is a community of approximately 0K residents with a median age of 36.6 years.The median household income is $77,361, which reflects a relatively affluent area with strong earning potential. 11.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 92.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Raritan offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Raritan, IL?

Want a head-to-head view? Compare Raritan side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Raritan?

The median home sale price in Raritan is $58,000, down 0.0% from last year.

How long do homes stay on market in Raritan?

Homes typically spend 7 days on market before going under contract.

What is the median income in Raritan?

The median household income is $77,361 per year.

How much does a single-family home cost in Raritan?

The median single-family home price in Raritan, IL is $58,000 (about $27 per square foot).

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