Watseka, Illinois, is a small, charming city in Iroquois County, serving as the county seat with a population of around 5,000. Known for its rich history and tight-knit community, Watseka blends rural tranquility with a welcoming atmosphere. The city was named after a Potawatomi woman, Watch-e-kee, and features a mix of historic buildings, local shops, and community events like the Iroquois County Fair, one of the oldest county fairs in the state. Surrounded by expansive farmlands, Watseka offers a peaceful lifestyle with easy access to outdoor activities, while its downtown area provides a glimpse into its cultural heritage through landmarks like the Old Courthouse Museum.
Watseka currently has 38 single family homes for sale with an average list price of $182,850, 3 condos for sale with an average list price of $97,800, and 6 lots for sale with an average list price of $48,650. The average annual property tax for Watseka is $2,310.00.
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 Watseka, i.e. what's hot and what's not.
See What's Hot & What's Not in WatsekaWatseka home sales for the month of June decreased in volume by 60% when compared to last year, while the median sale price decreased by 27% from $110,000 to $80,250. House sales decreased by 50%, while the median sale price decreased by 39.9% from $133,500 to $80,250.
114
|
86
|
56
|
57
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$105,750
|
$107,500
|
$92,450
|
$105,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |