$2,494 Closing Credit*
$210,000
968 SqFt
3 Beds
•1 Full Bath
Listing Office: eXp Realty
Is 62236, 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, 62236 has remained a Seller's Market.
Key Takeaway
62236 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62236, IL
How much do homes in 62236, IL cost?
Median Sold Price
$341,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$16,325(+5.0%)
Key Takeaway
Homes in 62236 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 62236 was $341,000 in December 2024, up 5% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103.5K | - | N/A |
| 2 Bedrooms | $199K | $215K | +8.0% |
| 3 Bedrooms | $322.2K | $299.8K | -7.0% |
| 4 Bedrooms | $427.7K | $454.5K | +6.3% |
| 5+ Bedrooms | $375K | $596K | +58.9% |
Summary: 62236 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 increased by 8%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 58.9%.
Housing Supply in 62236, IL
How many homes are available in 62236, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 46 | 33 | -28.3% |
Summary: The 62236 real estate market had 33 homes for sale in December 2024, a 28.3% decrease 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 13 | 6 | -53.8% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 62236 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 decreased by 20%, 4 bedroom homes decreased by 53.8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 7 | -58.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62236, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 62236 in December 2024, down by 58.8% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for 62236, IL
How long does it take to sell a home in 62236, IL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 45 Days | 62 Days | +37.4% |
Summary: Homes in 62236 had an average of 62 days on market in Dec 2024, up by 37.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 62236 has remained consistent over time.
Summary: During December 2024, 7 homes were sold in 62236; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.