$2,849 Closing Credit*
$239,900
2,275 SqFt
3 Beds
•3 Full Baths
Listing Office: Bond County Realtors
Is 62246, 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, 62246 was a Seller's Market.
Key Takeaway
62246 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 62246, IL
How much do homes in 62246, IL cost?
Median Sold Price
$159,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,000(+15.2%)
Key Takeaway
Homes in 62246 have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in 62246 was $159,000 in November 2024, up 15.2% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $73K | - | N/A |
| 2 Bedrooms | $86.5K | $106.5K | +23.1% |
| 3 Bedrooms | $154K | $170K | +10.4% |
| 4 Bedrooms | $261K | $211.5K | -18.9% |
| 5+ Bedrooms | $157K | $453K | +188.5% |
Summary: 62246 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 increased by 23.1%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 18.9%, and 5+ bedroom homes increased by 188.5%.
Median Sold Price Compared To Nearby Zip Codes
| 62275 | $196.2K | $232K | +18.2% |
| 62246 | $138K | $159K | +15.2% |
Housing Supply in 62246, IL
How many homes are available in 62246, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 36 | +20.0% |
Summary: The 62246 real estate market had 36 homes for sale in November 2024, a 20.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 62246 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 60%, 3 bedroom homes increased by 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 62246, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 62246 in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 62246, IL
How long does it take to sell a home in 62246, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 30 Days | -15.1% |
Summary: Homes in 62246 had an average of 30 days on market in Nov 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62246 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 62246; 50% of homes were sold within 30 days, 50% 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.