$2,927 Closing Credit*
$246,500
2,807 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jeff Wagoner, Listing Office: Jim Maloof Realty, Inc.
Is 61415, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 61415 was a Seller's Market.
Key Takeaway
61415 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 61415, IL
How much do homes in 61415, IL cost?
Median Sold Price
$47,000
$15/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$43,000(-47.8%)
Key Takeaway
Homes in 61415 have sold for 47.8% less than they did a month ago.
Summary: The median home sold price in 61415 was $47,000 in November 2024, down 47.8% from last month, and the median price per square foot was $15.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90K | $47K | -47.8% |
| 3 Bedrooms | $75K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $105K | - | N/A |
Summary: 61415 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 47.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 61422 | $22.5K | $85K | +277.8% |
| 61415 | $90K | $47K | -47.8% |
Housing Supply in 61415, IL
How many homes are available in 61415, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 12 | -14.3% |
Summary: The 61415 real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 61415 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 61415, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 61415 in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 61415, IL
How long does it take to sell a home in 61415, IL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 175 Days | +532.5% |
Summary: Homes in 61415 had an average of 175 days on market in Nov 2024, up by 532.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 61415 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in 61415; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.