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Housing in Mission Township

25 homes sold in Mission Township in the last year, at a typical $299K

Redfin reports Mission Township’s sales by ZIP code, so these figures are for ZIP 60551, which takes in Mission Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mission Township homes are listed.

Homes for sale in Mission TownshipZillowRealtor.comMore places to look ↓
Homes sold
25
ZIP 60551 · June 2025 to May 2026
Typical sale price
$299K
median, weighted by sales
Price per square foot
$182
Illinois $193
Paid vs. asking
98.3%
26% sold over asking
For sale now
4
May 2026 · 2 sold that month
What sold · last 12 months · ZIP 60551

Houses are 100% of Mission Township’s sales, at a typical $299K

25 homes sold in the year to May 2026.

Houses$299K

typical sale · 25 sold in 12 months

Per square foot
$182IL $180
Days to sell
61
Sold over asking
26%
14 years of sales

Fewer homes sell than a decade ago, at 1.8 times the 2016 price

25 sales in the last year, against 43 in 2014 and a low of 24 in 2023. The typical sale went from $167K in 2016 to $299K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2012: 27 sold, typical $135K’122013: 42 sold, typical $139K2014: 43 sold, typical $136K’142015: 24 sold, typical $154K2016: 35 sold, typical $167K’162017: 38 sold, typical $182K2018: 40 sold, typical $230K’182019: 37 sold, typical $186K2020: 36 sold, typical $205K’202021: 38 sold, typical $229K2022: 37 sold, typical $283K’222023: 24 sold, typical $258K2024: 32 sold, typical $285K’242025: 27 sold, typical $327KLast 12 months: 25 sold, typical $299KNow

Source: Redfin Data Center, MLS sales; for ZIP 60551, which takes in Mission Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Mission Township

Houseat $182 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Mission Township 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.

What the sales history says · 14 years of sales

Bidding wars in Mission Township are more common than before the pandemic, but three quarters fewer homes come up for sale

We read every month of home sales in ZIP 60551 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 25 sales.

If you’re buying in Mission Township

  • Shop in October. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
  • Bid near asking. Buyers paid 98.3% of the list price on average; 26% paid over.
  • Move fast on good ones. Two thirds of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; winter brings the bidding wars

June has the most new listings (about 5 a month), but January is the most competitive: 27% of January sales close over asking. September and October offer nearly as much choice with fewer homes bid up (17%). October has the least competition (14%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 27% sold over asking, 77 days to sellJFeb: 2 new listings a month, 25% sold over asking, 80 days to sellFMar: 2 new listings a month, 21% sold over asking, 92 days to sellMApr: 3 new listings a month, 16% sold over asking, 96 days to sellAMay: 4 new listings a month, 17% sold over asking, 90 days to sellMJun: 5 new listings a month, 18% sold over asking, 61 days to sellJJul: 4 new listings a month, 20% sold over asking, 53 days to sellJAug: 4 new listings a month, 22% sold over asking, 44 days to sellASep: 4 new listings a month, 17% sold over asking, 52 days to sellSOct: 4 new listings a month, 14% sold over asking, 62 days to sellONov: 3 new listings a month, 15% sold over asking, 71 days to sellNDec: 3 new listings a month, 23% sold over asking, 71 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Illinois

Mission Township now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price26%12%45%37%
Gone within two weeksShare of homes under contract within 14 days65%35%56%46%
Listings with a price cutShare of homes for sale that cut their price———19%
Price paid vs. askingAverage sale price ÷ list price98.3%97.1%97.6%99.2%
Days to sellMedian days from listing to contract61761649
Supply

4 homes for sale on a typical day

That’s 72% fewer than in 2017–19 and well under 2012’s 26.

2012: 26 for sale’122013: 22 for sale2014: 21 for sale2015: 16 for sale’152016: 20 for sale2017: 16 for sale2018: 16 for sale’182019: 16 for sale2020: 8 for sale2021: 7 for sale’212022: 10 for sale2023: 8 for sale2024: 8 for sale’242025: 5 for saleLast 12 months: 4 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 60551, which takes in Mission Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Mission Township home costs about $2,054 a month

Mortgage
Property tax
Insurance
Rent

Price: Mission Township’s typical sale, last 12 months. Property tax at Mission Township’s 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mission Township is affordable on local pay is on Cost of living.

Before you buy in Mission Township

Six things worth knowing

5

New listings in June

The month with the most choice. February has the fewest, about 2.

Best time to buy
2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $299K home, about $5,940 a year.

Taxes vs. neighbors
C

Schools

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

Schools in Mission Township
38 min

Typical commute

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

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

Somonauk, Marseilles and Ottawa sell for less a square foot

The busier markets within 25 miles of Mission Township, 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
Ottawa249$212K$14531%55
Plano141$280K$18242%50
Lake Holiday84$369K$20527%53
Sandwich79$315K$20534%48
Marseilles60$154K$11333%59
Somonauk27$261K$16848%67
Mission Township (ZIP 60551)25$299K$18226%61

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 Mission Township, free

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

Questions about buying a home in Mission Township

What do homes sell for in Mission Township, IL?

25 homes sold in the year to May 2026 at a typical $299K, $182 a square foot.

Is Mission Township a buyer’s or seller’s market?

A seller’s market: 4 homes were for sale in May 2026 and 2 sold, about 2 months of supply. Buyers paid 98.3% of asking on average.

When is the best time to buy in Mission Township?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Mission Township?

About 2% of a home’s value a year. On a $299K home that’s near $5,940.

Where can I see homes for sale in Mission Township?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 60551, which takes in Mission 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).