Tammie Durham, Listing Office: Tammie Durham Real Estate
Is 61375, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 61375 has remained a Seller's Market.
Housing Prices in 61375, IL
How much do homes in 61375, IL cost?
Median Sold Price
$244,000
$156/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
Summary: The median home sold price in 61375 was $244,000 in October 2024, up 63.8% from last month, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $50K | - | N/A |
3 Bedrooms | $149K | $228K | +53.0% |
4 Bedrooms | $258K | $260K | +0.8% |
5+ Bedrooms | - | - | N/A |
Summary: 61375 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 53%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes did not change.
Housing Supply in 61375, IL
How many homes are available in 61375, IL?
Number of Homes For Sale
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Summary: The 61375 real estate market had 7 homes for sale in October 2024, a 30.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 61375 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 61375 in October 2024, down by 33.3% 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 61375, IL
How long does it take to sell a home in 61375, IL?
Average Sale Time
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
70 Days | 100 Days | +41.5% |
Summary: Homes in 61375 had an average of 100 days on market in Oct 2024, up by 41.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During October 2024, 2 homes were sold in 61375; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.