$1,364 Closing Credit*
$114,900
1,676 SqFt
2 Beds
•1 Full Bath
Listing Office: Re/Max River Bend
Is 62095, 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, 62095 has remained a Seller's Market.
Key Takeaway
62095 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62095, IL
How much do homes in 62095, IL cost?
Median Sold Price
$125,000
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,750(+16.6%)
Key Takeaway
Homes in 62095 have sold for 16.6% more than they did a year ago.
Summary: The median home sold price in 62095 was $125,000 in October 2024, up 16.6% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $63.5K | $35K | -44.9% |
| 2 Bedrooms | $90K | $100K | +11.1% |
| 3 Bedrooms | $121.7K | $139.4K | +14.5% |
| 4 Bedrooms | $163.5K | $170K | +4.0% |
| 5+ Bedrooms | $175K | $189K | +8.0% |
Summary: 62095 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.9%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 8%.
Housing Supply in 62095, IL
How many homes are available in 62095, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Summary: The 62095 real estate market had 37 homes for sale in October 2024, a 2.6% 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 | 12 | 13 | +8.3% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 62095 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 increased by 8.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62095, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in 62095 in October 2024, up by 10.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for 62095, IL
How long does it take to sell a home in 62095, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 24 Days | -60.8% |
Summary: Homes in 62095 had an average of 24 days on market in Oct 2024, down by 60.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 62095 has remained consistent over time.
Summary: During October 2024, 11 homes were sold in 62095; 45% of homes were sold within 30 days, 55% 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.