$2,838 Closing Credit*
$239,000
1,688 SqFt
3 Beds
•2 Full Baths
Tim Eagle, Listing Office: CENTURY 21 Tucker Swanson
Is 61448, 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, 61448 has remained a Neutral Market.
Key Takeaway
61448 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 61448, IL
How much do homes in 61448, IL cost?
Median Sold Price
$137,500
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,250(-6.3%)
Key Takeaway
Homes in 61448 have sold for 6.3% less than they did a year ago.
Summary: The median home sold price in 61448 was $137,500 in October 2024, down 6.3% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $60K | N/A |
| 2 Bedrooms | $121.3K | $99.9K | -17.7% |
| 3 Bedrooms | $143.5K | $139.4K | -2.8% |
| 4 Bedrooms | $163.5K | $192.5K | +17.7% |
| 5+ Bedrooms | $201.1K | - | N/A |
Summary: 61448 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 decreased by 17.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes did not change.
Housing Supply in 61448, IL
How many homes are available in 61448, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The 61448 real estate market had 6 homes for sale in October 2024, a 14.3% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 61448 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 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 61448, 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 61448 in October 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 61448, IL
How long does it take to sell a home in 61448, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 49 Days | +6.5% |
Summary: Homes in 61448 had an average of 49 days on market in Oct 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 61448 has remained consistent over time.
Summary: During October 2024, 1 homes were sold in 61448; 0% of homes were sold within 30 days, 100% 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.