$2,969 Closing Credit*
$250,000
1,954 SqFt
4 Beds
•3 Full Baths
Listing Office: Keller Williams Pinnacle
Is 62258, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 62258 has remained a Seller's Market.
Key Takeaway
62258 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62258, IL
How much do homes in 62258, IL cost?
Median Sold Price
$280,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,050(+5.7%)
Key Takeaway
Homes in 62258 have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in 62258 was $280,000 in November 2024, up 5.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $97K | N/A |
| 2 Bedrooms | $150K | $139.7K | -6.8% |
| 3 Bedrooms | $280K | $265K | -5.4% |
| 4 Bedrooms | $285K | $345.4K | +21.2% |
| 5+ Bedrooms | $429.9K | $380K | -11.6% |
Summary: 62258 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 decreased by 6.8%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 11.6%.
Median Sold Price Compared To Nearby Zip Codes
| 62265 | $185K | $210K | +13.5% |
| 62221 | $239.7K | $255K | +6.4% |
| 62258 | $264.9K | $280K | +5.7% |
| 62243 | $257.5K | $255K | -1.0% |
Housing Supply in 62258, IL
How many homes are available in 62258, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 47 | +2.2% |
Summary: The 62258 real estate market had 47 homes for sale in November 2024, a 2.2% increase 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 62258 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 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62258, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 62258 in November 2024, up by 12.5% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 62258, IL
How long does it take to sell a home in 62258, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 28 Days | -46.2% |
Summary: Homes in 62258 had an average of 28 days on market in Nov 2024, down by 46.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62258 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 62258; 67% of homes were sold within 30 days, 33% 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.