$0 Closing Credit*
$1
1,328 SqFt
2 Beds
•1 Full Bath
Donna Fauntleroy, Listing Office: Coldwell Banker Real Estate Group
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
$170,000
$151/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$26,000(-13.3%)
Key Takeaway
Homes in 61534 have sold for 13.3% less than they did a month ago.
Summary: The median home sold price in 61534 was $170,000 in December 2024, down 13.3% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $115K | $135K | +17.4% |
| 4 Bedrooms | $277K | $205K | -26.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: 61534 housing prices by bedroom type for December 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 increased by 17.4%, 4 bedroom homes decreased by 26%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 61734 | $138K | $295K | +113.8% |
| 61534 | $196K | $170K | -13.3% |
Housing Supply in 61534, IL
How many homes are available in 61534, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The 61534 real estate market had 5 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 61534 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 61534, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in 61534 in December 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 54 Days | 2 Days | -95.4% |
Summary: Homes in 61534 had an average of 2 days on market in Dec 2024, down by 95.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were 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 December 2024, 2 homes were sold in 61534; 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.