$2,791 Closing Credit*
$235,000
2,350 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Keller Williams Marquee
Is 62012, 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, 62012 has remained a Seller's Market.
Key Takeaway
62012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62012, IL
How much do homes in 62012, IL cost?
Median Sold Price
$177,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,750(-4.2%)
Key Takeaway
Homes in 62012 have sold for 4.2% less than they did a year ago.
Summary: The median home sold price in 62012 was $177,000 in October 2024, down 4.2% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69K | $168K | +143.5% |
| 2 Bedrooms | $118.5K | $160K | +35.0% |
| 3 Bedrooms | $181K | $162K | -10.5% |
| 4 Bedrooms | $285K | $269.9K | -5.3% |
| 5+ Bedrooms | $518K | $255K | -50.8% |
Summary: 62012 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 143.5%, 2 bedroom homes increased by 35%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 50.8%.
Housing Supply in 62012, IL
How many homes are available in 62012, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The 62012 real estate market had 21 homes for sale in October 2024, a 10.5% increase 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 62012 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 increased by 37.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62012, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 62012 in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for 62012, IL
How long does it take to sell a home in 62012, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 44 Days | +61.6% |
Summary: Homes in 62012 had an average of 44 days on market in Oct 2024, up by 61.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62012 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 62012; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.