$2,672 Closing Credit*
$225,000
1,600 SqFt
4 Beds
•2 Full Baths
Dave Rossa, Listing Office: Mel Foster Co. Moline
Is 61256, 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, 61256 has remained a Seller's Market.
Key Takeaway
61256 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 61256, IL
How much do homes in 61256, IL cost?
Median Sold Price
$223,750
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$42,750(+23.6%)
Key Takeaway
Homes in 61256 have sold for 23.6% more than they did a year ago.
Summary: The median home sold price in 61256 was $223,750 in December 2024, up 23.6% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160.5K | $141.5K | -11.8% |
| 3 Bedrooms | $187.5K | $206K | +9.9% |
| 4 Bedrooms | $150.4K | $245K | +62.8% |
| 5+ Bedrooms | $297.5K | $356K | +19.7% |
Summary: 61256 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 decreased by 11.8%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 62.8%, and 5+ bedroom homes increased by 19.7%.
Housing Supply in 61256, IL
How many homes are available in 61256, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The 61256 real estate market had 8 homes for sale in December 2024, a 33.3% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 61256 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 61256, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in 61256 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 61256, IL
How long does it take to sell a home in 61256, IL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 19 Days | 2 Days | -89.5% |
Summary: Homes in 61256 had an average of 2 days on market in Dec 2024, down by 89.5% 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 61256 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in 61256; 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.