Housing Prices in 61048, IL

How much do homes in 61048, IL cost?

Median List Price

$232,500

$86/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

-$57,400(-19.8%)

Key Takeaway

The list price of homes in 61048 has decreased by 19.8% since October.

Summary: The median home list price in 61048 was $232,500 in November 2024, down 19.8% from the previous month, and the median price per square foot was $86.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $232.5K$196K
-15.7%
3 $680K$680K
0.0%
4 $289.9K-
N/A
5+ --
N/A

Summary: 61048 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 61048, IL

How many homes are available in 61048, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
53-40.0%

Summary: The 61048 real estate market had 3 homes for sale in November 2024, a 40.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 11
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The 61048 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Days on Market for 61048, IL

How long does it take to sell a home in 61048, IL?

Average Listing Age

Oct 2024Nov 2024CHANGE
91 Days167 Days+81.9%

Summary: Homes in 61048 had an average listing age of 167 days in Nov 2024, up by 81.9% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 61048, IL

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