$2,374 Closing Credit*
$199,900
1,296 SqFt
4 Beds
•2 Full Baths
Maxwell Schneider, Listing Office: Keller Williams Premier Realty
Is 61534, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 61534 has remained a Seller's Market.
Key Takeaway
61534 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 61534, IL
How much do homes in 61534, IL cost?
Median Sold Price
$292,450
$123/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$108,550(+59.0%)
Key Takeaway
Homes in 61534 have sold for 59% more than they did a month ago.
Summary: The median home sold price in 61534 was $292,450 in October 2024, up 59% from last month, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $109.9K | - | N/A |
| 4 Bedrooms | $257.9K | $292.4K | +13.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: 61534 housing prices by bedroom type for October 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 increased by 13.4%, and 5+ bedroom homes did not change.
Housing Supply in 61534, IL
How many homes are available in 61534, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The 61534 real estate market had 7 homes for sale in October 2024, a 12.5% 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 | 3 | 3 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 61534 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 remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 61534, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 61534 in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 61534, IL
How long does it take to sell a home in 61534, IL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 32 Days | -23.5% |
Summary: Homes in 61534 had an average of 32 days on market in Oct 2024, down by 23.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 61534 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 61534; 50% of homes were sold within 30 days, 50% 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.