$1,246 Closing Credit*
$104,900
1,080 SqFt
2 Beds
•1 Full Bath
Adam Merrick, Listing Office: Adam Merrick Real Estate
Is 61533, 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, 61533 was a Seller's Market.
Key Takeaway
61533 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 61533, IL
How much do homes in 61533, IL cost?
Median Sold Price
$225,000
$147/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$25,000(-10.0%)
Key Takeaway
Homes in 61533 have sold for 10% less than they did a month ago.
Summary: The median home sold price in 61533 was $225,000 in November 2024, down 10% from last month, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $399K | - | N/A |
| 3 Bedrooms | $191K | - | N/A |
| 4 Bedrooms | $385K | $225K | -41.6% |
| 5+ Bedrooms | $159.9K | - | N/A |
Summary: 61533 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 decreased by 41.6%, and 5+ bedroom homes did not change.
Housing Supply in 61533, IL
How many homes are available in 61533, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The 61533 real estate market had 9 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 61533 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
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 61533, 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 61533 in November 2024, down by 80.0% month-over-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 61533, IL
How long does it take to sell a home in 61533, IL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 2 Days | -89.4% |
Summary: Homes in 61533 had an average of 2 days on market in Nov 2024, down by 89.4% 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 61533 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 61533; 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.