$2,374 Closing Credit*
$199,900
1,289 SqFt
3 Beds
•1 Full Bath
Listing Office: Fusion Realty, LLC
Is 62061, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 62061 was a Buyer's Market.
Key Takeaway
62061 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62061, IL
How much do homes in 62061, IL cost?
Median Sold Price
$328,150
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$126,150(+62.5%)
Key Takeaway
Homes in 62061 have sold for 62.5% more than they did a year ago.
Summary: The median home sold price in 62061 was $328,150 in November 2024, up 62.5% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142K | - | N/A |
| 3 Bedrooms | $317.5K | $308.4K | -2.9% |
| 4 Bedrooms | $318.7K | $348.7K | +9.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: 62061 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes did not change.
Housing Supply in 62061, IL
How many homes are available in 62061, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The 62061 real estate market had 6 homes for sale in November 2024, a 25.0% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62061 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 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62061, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 62061 in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 62061, IL
How long does it take to sell a home in 62061, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 15 Days | -51.6% |
Summary: Homes in 62061 had an average of 15 days on market in Nov 2024, down by 51.6% compared to last year.
Breakdown of Home Sale Times
2 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 62061 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 62061; 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.