$74,900
6.10 Acres
Land
Stephanie Do, Listing Office: Do Realty Services, Inc.
Is 62014, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 62014 was a Neutral Market.
Key Takeaway
62014 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62014, IL
How much do homes in 62014, IL cost?
Median Sold Price
$163,750
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,250(+14.9%)
Key Takeaway
Homes in 62014 have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in 62014 was $163,750 in October 2024, up 14.9% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.9K | - | N/A |
| 2 Bedrooms | $155K | $120K | -22.6% |
| 3 Bedrooms | $128K | $194.4K | +51.9% |
| 4 Bedrooms | $279.9K | $135K | -51.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 62014 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 decreased by 22.6%, 3 bedroom homes increased by 51.9%, 4 bedroom homes decreased by 51.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 62685 | $190K | $539.9K | +184.2% |
| 62033 | $90K | $114.4K | +27.2% |
| 62088 | $120K | $143.5K | +19.6% |
| 62014 | $142.5K | $163.7K | +14.9% |
Housing Supply in 62014, IL
How many homes are available in 62014, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Summary: The 62014 real estate market had 3 homes for sale in October 2024, a 40.0% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62014 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 decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 62014, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in 62014 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 62014, IL
How long does it take to sell a home in 62014, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 34 Days | +195.7% |
Summary: Homes in 62014 had an average of 34 days on market in Oct 2024, up by 195.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 62014 has remained consistent over time.
Summary: During October 2024, 1 homes were sold in 62014; 0% of homes were sold within 30 days, 100% 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.