Housing Market Report for Gower School District 62, IL

This housing market report uses absorption rates to track supply and demand for Gower School District 62, IL. With 1.4 months of inventory across all segments, conditions currently favor sellers — demand is outpacing supply, homes tend to sell quickly, and prices are likely holding firm or rising. Use the tables below to explore specific price ranges and property types in detail. [Last updated: September 16, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$750k – $800k

Absorption rate of 0.5, with 2 months of inventory.

Coolest Segment ❄️
$350k – $375k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$750k – $800k

1 active listings with 3 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 1.6 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
275k-300k 1 0.2 0 Seller's
300k-325k 1 0.2 0 Seller's
350k-375k 1 1 0.2 6 Balanced
375k-400k 1 0.2 0 Seller's
400k-425k 2 0
425k-450k 1 2 0.3 3 Balanced
450k-475k 1 0.2 0 Seller's
475k-500k 1 0.2 0 Seller's
500k-550k 1 0.2 0 Seller's
600k-650k 1 0.2 0 Seller's
650k-700k 2 2 0.3 0 Seller's
700k-750k 1 0.2 0 Seller's
750k-800k 1 3 0.5 2 Seller's
800k-850k 3 0.5 0 Seller's
850k-900k 2 0.3 0 Seller's
900k-950k 2 1 0.3 0 Seller's
950k-1m 1 1 0.2 6 Balanced
1m-1.1m 2 0.3 0 Seller's
1.2m-1.3m 1 1 0.2 6 Balanced
1.3m-1.4m 1 1 0.2 0 Seller's
1.4m-1.5m 1 0.2 0 Seller's
1.5m-1.6m 1 0.2 0 Seller's
2.75m-3m 1 0

Townhouses

Hottest Segment 🔥
$450k – $475k

Absorption rate of 0.

Coolest Segment ❄️
$400k – $425k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$475k – $500k

0 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 0.8 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
400k-425k 1 0.2 0 Seller's
425k-450k 1 1 0.2 0 Seller's
450k-475k 1 0
475k-500k 2 0.3 0 Seller's
500k-550k 2 0.3 0 Seller's
550k-600k 1 1 0.2 0 Seller's
1m-1.1m 1 0.2 0 Seller's

Condos

Coolest Segment ❄️
$200k – $225k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$300k – $325k

0 active listings with 3 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
200k-225k 1 0.2 0 Seller's
250k-275k 1 0.2 0 Seller's
275k-300k 1 0.2 0 Seller's
300k-325k 3 1 0.5 0 Seller's
325k-350k 3 2 0.5 0 Seller's
350k-375k 1 0.2 0 Seller's
375k-400k 1 1 0.2 0 Seller's
400k-425k 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$300k – $325k

Absorption rate of 0.

Most Active
$300k – $325k

1 active listings with 0 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
300k-325k 1 0
550k-600k 1 0
600k-650k 1 0