$830 Closing Credit*
$69,900
1,248 SqFt
3 Beds
•1 Full Bath
Sara Varner, Listing Office: Platinum Key Real Estate, LLC
Is 61410, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 61410 has remained a Seller's Market.
Key Takeaway
61410 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 61410, IL
How much do homes in 61410, IL cost?
Median Sold Price
$87,000
$65/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,505(-1.7%)
Key Takeaway
Homes in 61410 have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in 61410 was $87,000 in October 2024, down 1.7% from last year, and the median price per square foot was $65.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $58K | +65.7% |
| 2 Bedrooms | $64K | $83.7K | +30.9% |
| 3 Bedrooms | $93K | $87.5K | -5.9% |
| 4 Bedrooms | $98.5K | $143K | +45.2% |
| 5+ Bedrooms | $101.9K | $112K | +9.9% |
Summary: 61410 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.7%, 2 bedroom homes increased by 30.9%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 45.2%, and 5+ bedroom homes increased by 9.9%.
Median Sold Price Compared To Nearby Zip Codes
| 61401 | $99.7K | $98.4K | -1.3% |
| 61410 | $88.5K | $87K | -1.7% |
Housing Supply in 61410, IL
How many homes are available in 61410, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The 61410 real estate market had 10 homes for sale in October 2024, a 16.7% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 61410 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 remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 61410, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 61410 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 61410, IL
How long does it take to sell a home in 61410, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 9 Days | -57.1% |
Summary: Homes in 61410 had an average of 9 days on market in Oct 2024, down by 57.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 61410 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 61410; 75% of homes were sold within 30 days, 25% 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.