$12,000
0.34 Acres
Land
Listing Office: Market Pro Realty, Inc
Is 62018, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, 62018 has remained a Seller's Market.
Key Takeaway
62018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62018, IL
How much do homes in 62018, IL cost?
Median Sold Price
$112,500
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$16,500(+17.2%)
Key Takeaway
Homes in 62018 have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in 62018 was $112,500 in December 2024, up 17.2% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $66.5K | N/A |
| 2 Bedrooms | $98.5K | $74K | -24.9% |
| 3 Bedrooms | $100.5K | $136.4K | +35.7% |
| 4 Bedrooms | $96K | $73.7K | -23.2% |
| 5+ Bedrooms | $35K | $215K | +514.3% |
Summary: 62018 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.9%, 3 bedroom homes increased by 35.7%, 4 bedroom homes decreased by 23.2%, and 5+ bedroom homes increased by 514.3%.
Housing Supply in 62018, IL
How many homes are available in 62018, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The 62018 real estate market had 6 homes for sale in December 2024, a 25.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62018 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 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 62018, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 62018 in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 62018, IL
How long does it take to sell a home in 62018, IL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 31 Days | 32 Days | +4.3% |
Summary: Homes in 62018 had an average of 32 days on market in Dec 2024, up by 4.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 62018 has remained consistent over time.
Summary: During December 2024, 3 homes were sold in 62018; 33% of homes were sold within 30 days, 67% 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.