Crescent City, IL, Real Estate
Crescent City, Illinois, is a small village in Iroquois County with a population of around 550, known for its quiet, rural charm and close-knit community. Located about 80 miles south of Chicago, it offers a peaceful contrast to urban life, with flat, fertile farmland stretching across the surrounding area. The village was founded in 1872 and named for its crescent-shaped layout along the railroad. Residents enjoy a simple lifestyle, with local events like the annual Fourth of July celebration fostering community spirit. Despite its size, Crescent City has faced challenges, including a devastating train derailment in 1970, but its resilience and small-town pride endure.
Crescent City currently has 2 single family homes for sale with an average list price of $344,949.50. The average annual property tax for Crescent City is $2,379.75.
Browse Crescent City
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 Crescent City, i.e. what's hot and what's not.
See What's Hot & What's Not in Crescent City
Market Trends
Crescent City home sales for the month of August decreased in volume by 66.7% when compared to last year, while the median sale price rose by 181.2% from $160,000 to $449,900. House sales decreased by 66.7%, while the median sale price rose by 181.2% from $160,000 to $449,900.
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13
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8
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9
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7
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$110,000
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$151,500
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$165,000
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$125,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Crescent City
Number of Sales for Crescent City
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