$3,443 Closing Credit*
$289,900
1,745 SqFt
3 Beds
•2 Full Baths
Listing Office: Re/Max Alliance
Is 62265, 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, 62265 has remained a Seller's Market.
Key Takeaway
62265 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62265, IL
How much do homes in 62265, IL cost?
Median Sold Price
$210,000
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$10,500(+5.3%)
Key Takeaway
Homes in 62265 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 62265 was $210,000 in December 2024, up 5.3% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $97K | $171.5K | +76.8% |
| 3 Bedrooms | $180K | $204K | +13.3% |
| 4 Bedrooms | $229K | $340K | +48.5% |
| 5+ Bedrooms | $347K | $370K | +6.6% |
Summary: 62265 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 76.8%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 48.5%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Zip Codes
| 62265 | $199.5K | $210K | +5.3% |
| 62215 | $279K | $283K | +1.4% |
Housing Supply in 62265, IL
How many homes are available in 62265, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The 62265 real estate market had 14 homes for sale in December 2024, a 16.7% increase 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 62265 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 increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 62265, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 62265 in December 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 62265, IL
How long does it take to sell a home in 62265, IL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 19 Days | 29 Days | +54.4% |
Summary: Homes in 62265 had an average of 29 days on market in Dec 2024, up by 54.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62265 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in 62265; 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.