Photo: User:Visviva · CC BY-SA 4.03 homes sold in Locust Township in the last year, at a typical $198K
Redfin reports Locust Township’s sales by ZIP code, so these figures are for ZIP 62555, which takes in Locust Township and the area around it. Almost every sale is a house. Below: a shortcut to every site where Locust Township homes are listed.
Every place Locust Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Locust Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Owning the typical Locust Township home costs about $1,246 a month
Price: Locust Township’s typical sale, last 12 months. Property tax at Locust Township’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Locust Township is affordable on local pay is on Cost of living.
Five things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $198K home, about $2,560 a year.
Taxes vs. neighborsSchools
The schools grade for Locust Township, from test results, graduation and how much students grow.
Schools in Locust TownshipTypical commute
The average one-way trip to work for people who live in Locust Township.
Work & commuteCheck 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 hazardsLook 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.
Post your home to Locust Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Locust Township. People who follow the town see it, and so do people comparing Locust Township with their own town. No commission, no listing fee.
Questions about buying a home in Locust Township
What do homes sell for in Locust Township, IL?
3 homes sold in the year to March 2026 at a typical $198K, $102 a square foot.
Is Locust Township a buyer’s or seller’s market?
A seller’s market: 1 homes were for sale in March 2026 and 0 sold, about 1 months of supply. Buyers paid 98.2% of asking on average.
How much are property taxes in Locust Township?
About 1.3% of a home’s value a year. On a $198K home that’s near $2,560.
Where can I see homes for sale in Locust Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Locust Township’s MLS listings; the search links above open each one filtered to Locust Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 62555, which takes in Locust Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).