Arcola, Illinois, is a charming small town in Douglas County, known for its rich Amish heritage and vibrant community spirit. With a population of around 2,900, Arcola offers a peaceful, rural lifestyle while being famously recognized as the "Broom Corn Capital of the World" due to its historical production of broom corn, used for making brooms. The town hosts the annual Broom Corn Festival, a lively event featuring parades, crafts, and local food, drawing visitors from across the region. Arcola’s downtown is dotted with antique shops, Amish furniture stores, and restaurants serving hearty, home-cooked meals, reflecting its blend of cultural tradition and Midwestern hospitality.
Arcola currently has 1 single family home for sale with a list price of $46,900. The average annual property tax for Arcola is $2,427.34.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Arcola, i.e. what's hot and what's not.
See What's Hot & What's Not in ArcolaArcola home sales for the month of June rose in volume by 100% when compared to last year, while the median sale price rose by 22.2% from $119,900 to $146,500. House sales stayed the same, while the median sale price rose by 35.9% from $119,900 to $163,000. Condo sales stayed the same, while the median sale price stayed the same.
9
|
10
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9
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4
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2021 | 2022 | 2023 | 2024 |
# of sales per year |
$227,000
|
$91,500
|
$120,000
|
$157,500
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |