$2,007 Closing Credit*
$169,000
1,400 SqFt
3 Beds
•2 Full Baths
Listing Office: Market Pro Realty, Inc
Is 62012, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$176,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,500(-0.8%)
Key Takeaway
Homes in 62012 have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in 62012 was $176,000 in November 2024, down 0.8% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69K | $168K | +143.5% |
| 2 Bedrooms | $118.5K | $168K | +41.8% |
| 3 Bedrooms | $165K | $167K | +1.2% |
| 4 Bedrooms | $250.2K | $292.4K | +16.9% |
| 5+ Bedrooms | $446K | $227.4K | -49.0% |
Summary: 62012 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 143.5%, 2 bedroom homes increased by 41.8%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 49%.
Housing Supply in 62012, IL
How many homes are available in 62012, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 17 | -19.0% |
Summary: The 62012 real estate market had 17 homes for sale in November 2024, a 19.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 62012 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 62012, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 62012 in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 2 Days | -94.7% |
Summary: Homes in 62012 had an average of 2 days on market in Nov 2024, down by 94.7% compared to last year.
Breakdown of Home Sale Times
3 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 62012 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 62012; 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 Mid America Regional Information System as distributed by MLS GRID.