Is 61736, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 61736 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 61736 has remained a Seller's Market.

Key Takeaway

61736 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 61736, IL

How much do homes in 61736, IL cost?

Median Sold Price

$269,900

$111/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$35,900(+15.3%)

Key Takeaway

Homes in 61736 have sold for 15.3% more than they did a month ago.

Summary: The median home sold price in 61736 was $269,900 in October 2024, up 15.3% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $234K$269.9K
+15.3%
4 --
N/A
5+ --
N/A

Summary: 61736 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 increased by 15.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 61736, IL

How many homes are available in 61736, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
62-66.7%

Summary: The 61736 real estate market had 2 homes for sale in October 2024, a 66.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 51
-80.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 61736 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 decreased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 61736, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 61736 in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 61736, IL

How long does it take to sell a home in 61736, IL?

Average Sale Time

Sep 2024Oct 2024CHANGE
14 Days1 Day-92.9%

Summary: Homes in 61736 had an average of 1 days on market in Oct 2024, down by 92.9% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 61736 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in 61736; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in 61736, IL

Nearby Markets to 61736, IL