Is East Hazel Crest, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Hazel Crest was a Seller's Market.
Housing Prices in East Hazel Crest, IL
How much do homes in East Hazel Crest, IL cost?
Median Sold Price
$200,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Hazel Crest was $200,000 in May 2024, up 30.3% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $129K | $100K | -22.5% |
3 Bedrooms | $147K | $200K | +36.1% |
4 Bedrooms | $223K | $255K | +14.3% |
5+ Bedrooms | $155K | $200K | +29.0% |
Summary: East Hazel Crest housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.5%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 29%.
Median Sold Price Compared To Nearby Cities
East Hazel Crest | $153.5K | $200K | +30.3% |
Hazel Crest | $155K | $180K | +16.1% |
Harvey | $114.9K | $120K | +4.4% |
Homewood | $238.5K | $237.5K | -0.4% |
Housing Supply in East Hazel Crest, IL
How many homes are available in East Hazel Crest, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Summary: The East Hazel Crest real estate market had 8 homes for sale in May 2024, a 60.0% increase 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 | 2 | 2 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The East Hazel Crest 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in East Hazel Crest in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Hazel Crest, IL
How long does it take to sell a home in East Hazel Crest, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 18 Days | +80.0% |
Summary: Homes in East Hazel Crest had an average of 18 days on market in May 2024, up by 80% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in East Hazel Crest; 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.