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Featured local agent — Swansea, IL
Sarah Mitchell
Compass Real Estate · Swansea, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Swansea, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$304,950median sale price
How is the Swansea, IL housing market right now?
The median home sale price in Swansea, IL is $304,950, up 21.0% year-over-year. Homes sell in an average of 40 days with 39 active listings. The market is currently a strong 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 Swansea a buyer's or seller's market?
Swansea, IL is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
40
Average pace
Active listings
39
2.0 months supply
Sale-to-list
103.2%
Above asking
What does the Swansea housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $304,950 |
| Median list price | $205,000 |
| Year-over-year price change | +21.0% |
| Average days on market | 40 days |
| Active inventory | 39 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 103.2% |
| Median price per sq ft | $116/sq ft |
| Homes sold (latest month) | 20 |
| New listings (latest month) | 15 |
| Listings with a price cut | 20.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Swansea by property type?
How the Swansea, 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 | $304,950 | $116/sq ft | 20 | 40 days |
| Condo / Co-op | $139,000 | $109/sq ft | 1 | 69 days |
| Townhouse | $137,500 | $120/sq ft | 1 | 18 days |
Source: Redfin · Updated monthly
The Swansea housing market is currently classified as a strong seller's market with a median sale price of $304,950. Prices have risen 21.0% compared to last year, with homes spending an average of 40 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Swansea
There are currently 39 homes listed for sale in Swansea, Illinois. The median listing price is $205K.
Active listings
39
Homes on market
Median list price
$205K
Avg. days on market
40
Days until sale
New this week
15
Newly listed
Who lives in Swansea?
Population
14,603
Median income
$84,367/yr
Median age
38.4 years
Owner-occupied
75.3%
College grads
43.1%
Avg commute
25.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Swansea?
Zillow home value
$267,501
Zillow rent index
$1,466/mo
Price-to-rent ratio
15.2x
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Swansea?
Swansea is a community of approximately 15K residents with a median age of 38.4 years.The median household income is $84,367, which reflects a relatively affluent area with strong earning potential. 43.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 75.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Swansea offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Swansea?
3 schools tracked · 1,121 students
The largest public schools serving Swansea, 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.
Wolf Branch Elem School
Grades PK-4 · 452 students
Wolf Branch Middle School
Grades 5-8 · 343 students
High Mount Elem School
Grades PK-8 · 326 students
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 Swansea, IL?
Want a head-to-head view? Compare Swansea side-by-side with any other U.S. city using our market-comparison tool.
Is Swansea a good real estate investment market?
For investors evaluating Swansea, the price-to-rent ratio of 15.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 21.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Swansea's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Swansea's median home price.
Frequently asked questions
What is the average home price in Swansea?
The median home sale price in Swansea is $304,950, up 21.0% from last year.
How long do homes stay on market in Swansea?
Homes typically spend 40 days on market before going under contract.
What is the median income in Swansea?
The median household income is $84,367 per year.
Is Swansea a buyer's or seller's market?
With 2.0 months of supply, Swansea is currently a strong seller's market.
What is the Zillow home value estimate for Swansea?
The Zillow Home Value Index (ZHVI) for Swansea is $267,501, representing the typical home value in the area.
What is the median condo price in Swansea?
The median condo/co-op sale price in Swansea, IL is $139,000, compared to $304,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Swansea?
The median single-family home price in Swansea, IL is $304,950 (about $116 per square foot).
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