$5,000
0.34 Acres
Land
Gene Curtis, Listing Office: Re/Max Unified Brokers, Inc
Is 61415, 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, 61415 has remained a Seller's Market.
Key Takeaway
61415 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 61415, IL
How much do homes in 61415, IL cost?
Median Sold Price
$140,000
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$90,000(-39.1%)
Key Takeaway
Homes in 61415 have sold for 39.1% less than they did a year ago.
Summary: The median home sold price in 61415 was $140,000 in October 2024, down 39.1% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $85K | $85K | 0.0% |
| 3 Bedrooms | $72K | $185K | +156.9% |
| 4 Bedrooms | $327.5K | $179.7K | -45.1% |
| 5+ Bedrooms | $390K | $66.2K | -83.0% |
Summary: 61415 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 156.9%, 4 bedroom homes decreased by 45.1%, and 5+ bedroom homes decreased by 83%.
Housing Supply in 61415, IL
How many homes are available in 61415, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The 61415 real estate market had 14 homes for sale in October 2024, a 7.7% increase 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 61415 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 increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 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 61415, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 61415 in October 2024, up by 200.0% month-over-month. Of the 3 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 210 Days | 27 Days | -86.8% |
Summary: Homes in 61415 had an average of 27 days on market in Oct 2024, down by 86.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 61415 has remained consistent over time.
Summary: During October 2024, 3 homes were sold in 61415; 33% of homes were sold within 30 days, 67% 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.