$1,900 Closing Credit*
$160,000
1,443 SqFt
3 Beds
•1 Full Bath
Listing Office: Tammy Mitchell Hines & Co.
Is 62236, 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, 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 October 2023
+$21,000(+6.6%)
Key Takeaway
Homes in 62236 have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in 62236 was $341,000 in October 2024, up 6.6% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103.5K | - | N/A |
| 2 Bedrooms | $190K | $210K | +10.5% |
| 3 Bedrooms | $320K | $320K | 0.0% |
| 4 Bedrooms | $430K | $449K | +4.4% |
| 5+ Bedrooms | $455K | $593K | +30.3% |
Summary: 62236 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 30.3%.
Housing Supply in 62236, IL
How many homes are available in 62236, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 49 | +8.9% |
Summary: The 62236 real estate market had 49 homes for sale in October 2024, a 8.9% increase 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 | 7 | 5 | -28.6% |
| 3 Bedrooms | 18 | 22 | +22.2% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 62236 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 decreased by 28.6%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62236, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 62236 in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 27% were sold at asking, and 36% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 24 Days | -16.9% |
Summary: Homes in 62236 had an average of 24 days on market in Oct 2024, down by 16.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62236 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 62236; 64% of homes were sold within 30 days, 36% 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.