$2,374 Closing Credit*
$199,900
1,384 SqFt
3 Beds
•1 Full Bath
Listing Office: RE/MAX Preferred
Is 62269, 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, 62269 has remained a Seller's Market.
Key Takeaway
62269 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62269, IL
How much do homes in 62269, IL cost?
Median Sold Price
$318,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,008(+1.0%)
Key Takeaway
Homes in 62269 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 62269 was $318,000 in October 2024, up 1% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62.6K | $92K | +46.8% |
| 2 Bedrooms | $129.2K | $140K | +8.3% |
| 3 Bedrooms | $230K | $241K | +4.8% |
| 4 Bedrooms | $360K | $370K | +2.8% |
| 5+ Bedrooms | $448.8K | $485K | +8.1% |
Summary: 62269 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.8%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 8.1%.
Housing Supply in 62269, IL
How many homes are available in 62269, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 124 | 129 | +4.0% |
Summary: The 62269 real estate market had 129 homes for sale in October 2024, a 4.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 13 | 16 | +23.1% |
| 3 Bedrooms | 46 | 46 | 0.0% |
| 4 Bedrooms | 44 | 53 | +20.5% |
| 5+ Bedrooms | 19 | 13 | -31.6% |
Summary: The 62269 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 23.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 31.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 36 | +12.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62269, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 36 homes were sold or pending in 62269 in October 2024, up by 12.5% month-over-month. Of the 36 sold homes, 44% were sold under asking, 6% were sold at asking, and 50% were sold over asking.
Days on Market for 62269, IL
How long does it take to sell a home in 62269, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 39 Days | +7.1% |
Summary: Homes in 62269 had an average of 39 days on market in Oct 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 62269 has remained consistent over time.
Summary: During October 2024, 36 homes were sold in 62269; 44% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.