$2,613 Closing Credit*
$220,000
1,848 SqFt
3 Beds
•2 Full Baths
Listing Office: Berkshire Hathaway Select
Is 62034, 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, 62034 has remained a Seller's Market.
Key Takeaway
62034 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62034, IL
How much do homes in 62034, IL cost?
Median Sold Price
$331,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,000(+8.5%)
Key Takeaway
Homes in 62034 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 62034 was $331,000 in October 2024, up 8.5% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96K | $110K | +14.6% |
| 2 Bedrooms | $235K | $213K | -9.4% |
| 3 Bedrooms | $251.5K | $295K | +17.3% |
| 4 Bedrooms | $395K | $415K | +5.1% |
| 5+ Bedrooms | $472.5K | $459K | -2.9% |
Summary: 62034 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes decreased by 9.4%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 2.9%.
Housing Supply in 62034, IL
How many homes are available in 62034, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 56 | +1.8% |
Summary: The 62034 real estate market had 56 homes for sale in October 2024, a 1.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 24 | 25 | +4.2% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 62034 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 decreased by 7.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62034, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 62034 in October 2024, up by 13.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 12% were sold at asking, and 24% were sold over asking.
Days on Market for 62034, IL
How long does it take to sell a home in 62034, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 52 Days | +86.1% |
Summary: Homes in 62034 had an average of 52 days on market in Oct 2024, up by 86.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 62034 has remained consistent over time.
Summary: During October 2024, 17 homes were sold in 62034; 29% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.