$831 Closing Credit*
$70,000
930 SqFt
3 Beds
•1 Full Bath, 1 Partial
Phillip Esquer, Listing Office: Arrow Real Estate Inc.
Is 61434, 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, 61434 was a Seller's Market.
Key Takeaway
61434 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 61434, IL
How much do homes in 61434, IL cost?
Median Sold Price
$124,000
$74/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$216,000(-63.5%)
Key Takeaway
Homes in 61434 have sold for 63.5% less than they did a month ago.
Summary: The median home sold price in 61434 was $124,000 in December 2024, down 63.5% from last month, and the median price per square foot was $74.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $95K | - | N/A |
| 3 Bedrooms | - | $124K | N/A |
| 4 Bedrooms | $585K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 61434 housing prices by bedroom type for December 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 61434 | $340K | $124K | -63.5% |
| 61443 | $93.2K | $33.2K | -64.3% |
Housing Supply in 61434, IL
How many homes are available in 61434, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The 61434 real estate market had 9 homes for sale in December 2024, a 18.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 61434 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 decreased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
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 61434, 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 61434 in December 2024, down by 50.0% 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 61434, IL
How long does it take to sell a home in 61434, IL?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 Days | 26 Days | +100.0% |
Summary: Homes in 61434 had an average of 26 days on market in Dec 2024, up by 100% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 61434 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in 61434; 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.