Is Hebron, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hebron has remained a Seller's Market.
Housing Prices in Hebron, IL
How much do homes in Hebron, IL cost?
Median Sold Price
$310,000
$136/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Hebron was $310,000 in May 2024, up 24% from last month, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $247.5K | $298.5K | +20.6% |
4 Bedrooms | - | $310K | N/A |
5+ Bedrooms | $690K | - | N/A |
Summary: Hebron housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 20.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Hebron, IL
How many homes are available in Hebron, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Summary: The Hebron real estate market had 7 homes for sale in May 2024, a 12.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hebron housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Hebron in May 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Hebron, IL
How long does it take to sell a home in Hebron, IL?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
86 Days | 7 Days | -91.5% |
Summary: Homes in Hebron had an average of 7 days on market in May 2024, down by 91.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Hebron; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.