Litchfield, IL

When looking to buy or sell a home in Litchfield, IL, it is important to understand the local real estate market. The following are some key factors to consider when evaluating real estate in this area:

The median home price in Litchfield was $224,900 as of September 2017. This is lower than the Illinois median home price of $269,000. However, this does not mean that homes in Litchfield are cheap. The average list price for a home in Litchfield was $248,000 as of September 2017.

The population of Litchfield is approximately 11,000 people. This means that there is a limited number of homes available for sale and a high demand for these homes. As a result, the average time it takes to sell a home in Litchfield is about 60 days.

Litchfield has excellent schools and plenty of amenities including shopping and dining options. It also has easy access to major highways and public transportation options.