$1,841 Closing Credit*
$155,000
1,490 SqFt
3 Beds
•2 Full Baths
Listing Office: Tarrant And Harman Real Estate
Is 62010, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 62010 has remained a Seller's Market.
Key Takeaway
62010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62010, IL
How much do homes in 62010, IL cost?
Median Sold Price
$184,450
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$450(-0.2%)
Key Takeaway
The sold price of homes in 62010 has remained the same since last year.
Summary: The median home sold price in 62010 was $184,450 in October 2024, down 0.2% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $49.9K | - | N/A |
| 2 Bedrooms | $110K | $121K | +10.0% |
| 3 Bedrooms | $180K | $180K | 0.0% |
| 4 Bedrooms | $280K | $310K | +10.7% |
| 5+ Bedrooms | $324.5K | $363.5K | +12.0% |
Summary: 62010 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes did not change, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 12%.
Housing Supply in 62010, IL
How many homes are available in 62010, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 37 | -5.1% |
Summary: The 62010 real estate market had 37 homes for sale in October 2024, a 5.1% 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 | 8 | 11 | +37.5% |
| 3 Bedrooms | 20 | 17 | -15.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 62010 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 increased by 37.5%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62010, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in 62010 in October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 20% were sold under asking, 50% were sold at asking, and 30% were sold over asking.
Days on Market for 62010, IL
How long does it take to sell a home in 62010, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 27 Days | -10.0% |
Summary: Homes in 62010 had an average of 27 days on market in Oct 2024, down by 10% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 62010 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in 62010; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.