$2,850 Closing Credit*
$240,000
2,164 SqFt
3 Beds
•2 Full Baths
Michael Heesch, Listing Office: Ruhl&Ruhl REALTORS DeWitt
Is 61241, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 61241 was a Seller's Market.
Key Takeaway
61241 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 61241, IL
How much do homes in 61241, IL cost?
Median Sold Price
$187,750
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$13,500(+7.7%)
Key Takeaway
Homes in 61241 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 61241 was $187,750 in December 2024, up 7.7% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $45K | -35.7% |
| 2 Bedrooms | $81K | $104.5K | +29.0% |
| 3 Bedrooms | $185.4K | $177.2K | -4.4% |
| 4 Bedrooms | $212.5K | $234K | +10.1% |
| 5+ Bedrooms | $233.2K | $345.8K | +48.3% |
Summary: 61241 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.7%, 2 bedroom homes increased by 29%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 48.3%.
Housing Supply in 61241, IL
How many homes are available in 61241, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 25 | 27 | +8.0% |
Summary: The 61241 real estate market had 27 homes for sale in December 2024, a 8.0% increase 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 61241 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 decreased by 33.3%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 61241, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 61241 in December 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 61241, IL
How long does it take to sell a home in 61241, IL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 35 Days | 7 Days | -80.2% |
Summary: Homes in 61241 had an average of 7 days on market in Dec 2024, down by 80.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 61241 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in 61241; 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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.