$10,000 Closing Credit*
$1,100,000
2,770 SqFt
5 Beds
•3 Full Baths, 1 Partial
Josh Graham, Listing Office: Re/Max Traders Unlimited
Is 61517, 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, 61517 was a Seller's Market.
Key Takeaway
61517 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 61517, IL
How much do homes in 61517, IL cost?
Median Sold Price
$470,000
$135/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$370,000(+370.0%)
Key Takeaway
Homes in 61517 have sold for 370% more than they did a month ago.
Summary: The median home sold price in 61517 was $470,000 in November 2024, up 370% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $100K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | $470K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 61517 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 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
| 61517 | $100K | $470K | +370.0% |
| 61529 | $152K | $74.9K | -50.7% |
Housing Supply in 61517, IL
How many homes are available in 61517, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The 61517 real estate market had 6 homes for sale in November 2024, a 20.0% increase 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 61517 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 61517, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 61517 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 61517, IL
How long does it take to sell a home in 61517, IL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 Days | 10 Days | +233.3% |
Summary: Homes in 61517 had an average of 10 days on market in Nov 2024, up by 233.3% 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 61517 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 61517; 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.