Housing in Gillespie, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$130,000

Median List Price

$121,500

Price Per Sq Ft

$93

Days on Market

133

Active Inventory

9

Months of Supply

9.0

Buyer's market

Zillow Home Value

$105,583

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 23.3%List Price 99.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

86.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
11.1%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

3

Homes Sold 75.0%New Listings 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$93

Median List $/SF

$107

Sale $/SF 1.1%List $/SF 161.0%Mar 24Jan 26

Gillespie vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Gillespie is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$89,500

Median Rent

$756

Total Housing Units

1,465

Vacancy Rate

12.5%

Owner Occupied

65.2%

Renter Occupied

34.8%

Median Property Tax

$1,274

per year

Monthly Cost (w/ Mortgage)

$750

Housing Types

Single Family
92.0%
Multi-Family
8.1%
Mobile Home
0.0%

The current median sale price in Gillespie, IL is $130,000 according to Redfin data. Homes spend a median of 133 days on the market. 0.0% of homes sold above asking price. The market has 9.0 months of supply. The median price per square foot is $93. The median rent is $756 per month (Census ACS). About 65.2% of housing units are owner-occupied. The median year homes were built is 1953. There are 1,465 total housing units.