Cable, IL
Housing market overview · Updated weekly
$5,500median sale price
Homes sold
1
Last 12 weeks
Days on market
274
Average pace
Active listings
—
Sale-to-list
79.1%
Below asking
Cable, IL housing market analysis
The Cable housing market is currently classified as a buyer's market with a median sale price of $5,500. Prices have decreased 94.6% compared to last year, which may signal a cooling market and potentially favorable conditions for buyers looking to enter. Homes in Cable spend an average of 274 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
Whether you're a first-time homebuyer evaluating Cable as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Cable with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
Zip codes in Cable, IL
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Frequently asked questions
What is the average home price in Cable?
The median home sale price in Cable is $5,500, down 94.6% from last year.
How long do homes stay on market in Cable?
Homes typically spend 274 days on market before going under contract.
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