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Gillespie, ILPhoto: Green254 · CC BY-SA 4.0
Housing in Gillespie

23 homes sold in Gillespie in the last year, at a typical $125K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Gillespie homes are listed.

Homes sold
23
June 2025 to May 2026
Typical sale price
$125K
median, weighted by sales
Price per square foot
$94
Illinois $193
Paid vs. asking
93.2%
9% sold over asking
For sale now
9
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 100% of Gillespie’s sales, at a typical $125K

23 homes sold in the year to May 2026.

Houses$125K

typical sale · 23 sold in 12 months

Per square foot
$94IL $180
Days to sell
76
Sold over asking
9%
Listings with a price cut
25%
12 years of sales

Fewer homes sell than before 2022, at 2.2 times the 2017 price

23 sales in the last year, against 48 in 2021 and a low of 24 in 2014. The typical sale went from $58K in 2017 to $125K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2013: 35 sold, typical $43K’132014: 24 sold, typical $57K2015: 39 sold, typical $49K’152017: 37 sold, typical $58K2018: 33 sold, typical $61K’182019: 31 sold, typical $69K2020: 36 sold, typical $73K’202021: 48 sold, typical $71K2022: 48 sold, typical $99K’222023: 39 sold, typical $118K2024: 41 sold, typical $105K’242025: 25 sold, typical $138KLast 12 months: 23 sold, typical $125KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Gillespie

Houseat $94 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Gillespie homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Gillespie home costs about $816 a month

Mortgage
Property tax
Insurance
Rent

Price: Gillespie’s typical sale, last 12 months. Property tax at Gillespie’s 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gillespie is affordable on local pay is on Cost of living.

Before you buy in Gillespie

Five things worth knowing

1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $125K home, about $1,970 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Gillespie, from test results, graduation and how much students grow.

Schools in Gillespie
28 min

Typical commute

The average one-way trip to work for people who live in Gillespie.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Mount Olive and Carlinville sell for less a square foot; Holiday Shores and Bethalto for far more

The busier markets within 25 miles of Gillespie, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Bethalto141$194K$14145%40
Staunton81$171K$10719%69
Holiday Shores45$355K$15933%59
Carlinville31$134K$7819%66
Brighton28$158K$11329%45
Mount Olive27$110K$787%79
Gillespie23$125K$949%76

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Gillespie, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gillespie. People who follow the town see it, and so do people comparing Gillespie with their own town. No commission, no listing fee.

Questions about buying a home in Gillespie

What do homes sell for in Gillespie, IL?

23 homes sold in the year to May 2026 at a typical $125K, $94 a square foot.

Is Gillespie a buyer’s or seller’s market?

A balanced market: 9 homes were for sale in May 2026 and 2 sold, about 4.5 months of supply. Buyers paid 93.2% of asking on average, and 26% of listings cut their price.

How much are property taxes in Gillespie?

About 1.6% of a home’s value a year. On a $125K home that’s near $1,970.

Where can I see homes for sale in Gillespie?

Zillow, Redfin, Realtor.com and Homes.com all carry Gillespie’s MLS listings; the search links above open each one filtered to Gillespie.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).