$1,661 Closing Credit*
$139,900
1,712 SqFt
4 Beds
•1 Full Bath
Adam Merrick, Listing Office: Adam Merrick Real Estate
Is 61529, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 61529 was a Neutral Market.
Key Takeaway
61529 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 61529, IL
How much do homes in 61529, IL cost?
Median Sold Price
$145,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$30,000(+26.1%)
Key Takeaway
Homes in 61529 have sold for 26.1% more than they did a year ago.
Summary: The median home sold price in 61529 was $145,000 in December 2024, up 26.1% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $81.2K | $130K | +60.0% |
| 3 Bedrooms | $117.9K | $153.5K | +30.1% |
| 4 Bedrooms | $147.5K | $95K | -35.6% |
| 5+ Bedrooms | $256.4K | $256K | -0.2% |
Summary: 61529 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 30.1%, 4 bedroom homes decreased by 35.6%, and 5+ bedroom homes decreased by 0.2%.
Housing Supply in 61529, IL
How many homes are available in 61529, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The 61529 real estate market had 6 homes for sale in December 2024, a 20.0% increase 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 61529 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 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 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 61529, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 61529 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 61529, IL
How long does it take to sell a home in 61529, IL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 2 Days | 134 Days | +6625.0% |
Summary: Homes in 61529 had an average of 134 days on market in Dec 2024, up by 6625% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 61529 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 2 homes were sold in 61529; 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.