$3,799 Closing Credit*
$319,900
3,122 SqFt
4 Beds
•3 Full Baths
Listing Office: Tarrant And Harman Real Estate
Is 62022, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 62022 has remained a Seller's Market.
Key Takeaway
62022 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62022, IL
How much do homes in 62022, IL cost?
Median Sold Price
$385,000
$131/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$185,000(+92.5%)
Key Takeaway
Homes in 62022 have sold for 92.5% more than they did a month ago.
Summary: The median home sold price in 62022 was $385,000 in December 2024, up 92.5% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $200K | - | N/A |
| 4 Bedrooms | - | $385K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 62022 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 62022 | $200K | $385K | +92.5% |
| 62037 | $273.7K | $199.2K | -27.2% |
Housing Supply in 62022, IL
How many homes are available in 62022, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The 62022 real estate market had 5 homes for sale in December 2024, a 66.7% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62022 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62022, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 62022 in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 62022, IL
How long does it take to sell a home in 62022, IL?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 31 Days | 90 Days | +190.3% |
Summary: Homes in 62022 had an average of 90 days on market in Dec 2024, up by 190.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 62022 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 1 homes were sold in 62022; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.