$1,068 Closing Credit*
$89,900
939 SqFt
2 Beds
•1 Full Bath
Dave Rossa, Listing Office: Mel Foster Co. Moline
Is 61232, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 61232 has remained a Seller's Market.
Key Takeaway
61232 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 61232, IL
How much do homes in 61232, IL cost?
Median Sold Price
$242,750
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$25,300(+11.6%)
Key Takeaway
Homes in 61232 have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in 61232 was $242,750 in December 2024, up 11.6% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $147K | $182K | +23.8% |
| 3 Bedrooms | $182.5K | $278.7K | +52.7% |
| 4 Bedrooms | $305K | $195K | -36.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: 61232 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 52.7%, 4 bedroom homes decreased by 36.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 61232 | $217.4K | $242.7K | +11.6% |
| 61264 | $156.2K | $167.4K | +7.2% |
Housing Supply in 61232, IL
How many homes are available in 61232, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The 61232 real estate market had 6 homes for sale in December 2024, a 14.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 61232 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 61232, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 61232 in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 61232, IL
How long does it take to sell a home in 61232, IL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 52 Days | 32 Days | -37.5% |
Summary: Homes in 61232 had an average of 32 days on market in Dec 2024, down by 37.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 61232 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in 61232; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.