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Housing in Swansea

166 homes sold in Swansea in the last year, at a typical $280K

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 Swansea homes are listed.

Homes sold
166
October 2025 to September 2026
Typical sale price
$280K
median, weighted by sales
Price per square foot
$125
Illinois $193
Paid vs. asking
100.4%
38% sold over asking
For sale now
44
September 2026 · 12 sold that month
What sold · last 12 months

Houses are 95% of Swansea’s sales, at a typical $293K (year to May 2026)

166 homes sold in the year to September 2026.

Houses$293K

typical sale · 179 sold in the year to May 2026

Per square foot
$131IL $180
Days to sell
41
Sold over asking
37%
Listings with a price cut
12%
Fewer sales

Multi-family (2–4 units): 6 sold, typical $166K
Townhouses: 2 sold, typical $131K
Condos: 1 sold, typical $139K

Too few sales in 12 months for reliable figures.

13 years of sales

Fewer homes sell than before 2022, at 1.6 times the 2016 price

166 sales in the last year, against 284 in 2021 and a low of 174 in 2013. The typical sale went from $170K in 2016 to $280K.

Homes soldTypical sale price
075150225300$150K$200K$250K$300K2013: 174 sold, typical $161K’132014: 200 sold, typical $155K2015: 227 sold, typical $149K’152016: 233 sold, typical $170K2017: 216 sold, typical $176K’172018: 220 sold, typical $160K2019: 241 sold, typical $179K’192020: 280 sold, typical $195K2021: 284 sold, typical $216K’212022: 265 sold, typical $249K2023: 194 sold, typical $234K’232024: 203 sold, typical $267K2025: 198 sold, typical $277K’25Last 12 months: 166 sold, typical $280KNow

Source: Redfin Data Center, MLS sales; from June 2026 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. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $300K buys in Swansea

Houseat $131 a sq ft, year to May 2026
The same money in Illinoisat $180 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Swansea 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 · 13 years of sales

Bidding wars in Swansea are more common than before the pandemic, but half fewer homes come up for sale

We read every month of Swansea’s home sales since 2013 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 September 2026, 166 sales.

If you’re buying in Swansea

  • Shop in March. It brings about 30 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
  • Bid near asking. Buyers paid 100.4% of the list price on average; 38% paid over.
  • Move fast on good ones. 55% of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

March has the most new listings (about 30 a month), but June is the most competitive: 41% of June sales close over asking. January has the least competition (24%) but only about 16 new listings.

New listings a monthShare sold over asking
07.51522.53020%40%60%Sweet spotJan: 16 new listings a month, 24% sold over asking, 73 days to sellJFeb: 17 new listings a month, 25% sold over asking, 90 days to sellFMar: 30 new listings a month, 30% sold over asking, 70 days to sellMApr: 25 new listings a month, 36% sold over asking, 54 days to sellAMay: 26 new listings a month, 34% sold over asking, 55 days to sellMJun: 26 new listings a month, 41% sold over asking, 55 days to sellJJul: 25 new listings a month, 35% sold over asking, 51 days to sellJAug: 21 new listings a month, 41% sold over asking, 53 days to sellASep: 24 new listings a month, 33% sold over asking, 56 days to sellSOct: 18 new listings a month, 26% sold over asking, 64 days to sellONov: 16 new listings a month, 30% sold over asking, 71 days to sellNDec: 11 new listings a month, 24% sold over asking, 73 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Illinois as a whole

Swansea now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price38%13%55%36%
Gone within two weeksShare of homes under contract within 14 days55%——45%
Price paid vs. askingAverage sale price ÷ list price100.4%97.6%101.3%99%
Days to sellMedian days from listing to contract42763951
Supply

50 homes for sale on a typical day

That’s 2.2 times the 2024 low (23), 47% fewer than in 2017–19 and well under 2018’s 100.

2013: 66 for sale’132014: 80 for sale2015: 93 for sale2016: 94 for sale’162017: 99 for sale2018: 100 for sale2019: 83 for sale’192020: 69 for sale2021: 39 for sale2022: 47 for sale’222023: 37 for sale2024: 23 for sale2025: 62 for sale’25Last 12 months: 50 for saleNow
Across Illinois

Swansea ranks 148th of 327 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Swansea is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2013 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Swansea home costs about $1,957 a month

Mortgage
Property tax
Insurance
Rent

Price: Swansea’s typical sale, last 12 months. Property tax at Swansea’s 2.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Swansea is affordable on local pay is on Cost of living.

Before you buy in Swansea

Six things worth knowing

30

New listings in March

The month with the most choice. December has the fewest, about 11.

Best time to buy
2.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $280K home, about $5,960 a year.

Taxes vs. neighbors
B+

Schools

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

Schools in Swansea
24 min

Typical commute

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

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

Belleville sells for less a square foot

The busier markets within 25 miles of Swansea, 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
Belleville719$154K$10434%43
O'Fallon525$349K$14937%37
Fairview Heights235$227K$13242%34
Shiloh197$384K$15241%46
Swansea166$280K$12538%42
Caseyville Township66$256K$15030%80
Freeburg43$262K$14132%52

Redfin Data Center, October 2025 to September 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 Swansea, free

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

Questions about buying a home in Swansea

What do homes sell for in Swansea, IL?

166 homes sold in the year to September 2026 at a typical $280K, $125 a square foot.

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

A seller’s market: 44 homes were for sale in September 2026 and 12 sold, about 3.7 months of supply. Buyers paid 100.4% of asking on average.

When is the best time to buy in Swansea?

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

How much are property taxes in Swansea?

About 2.1% of a home’s value a year. On a $280K home that’s near $5,960.

Where can I see homes for sale in Swansea?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).