$3,770 Closing Credit*
$317,500
2,306 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Equity Realty Group, LLC
Is 62293, 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, 62293 has remained a Seller's Market.
Key Takeaway
62293 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62293, IL
How much do homes in 62293, IL cost?
Median Sold Price
$218,500
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$60,450(-21.7%)
Key Takeaway
Homes in 62293 have sold for 21.7% less than they did a year ago.
Summary: The median home sold price in 62293 was $218,500 in December 2024, down 21.7% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160K | N/A |
| 2 Bedrooms | $135.5K | $195K | +43.9% |
| 3 Bedrooms | $255.5K | $165K | -35.4% |
| 4 Bedrooms | $372.5K | $450K | +20.8% |
| 5+ Bedrooms | $380K | $300K | -21.1% |
Summary: 62293 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 43.9%, 3 bedroom homes decreased by 35.4%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes decreased by 21.1%.
Median Sold Price Compared To Nearby Zip Codes
| 62249 | $210K | $230.2K | +9.6% |
| 62216 | $253.7K | $220K | -13.3% |
| 62293 | $278.9K | $218.5K | -21.7% |
Housing Supply in 62293, IL
How many homes are available in 62293, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The 62293 real estate market had 11 homes for sale in December 2024, a 15.4% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 62293 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62293, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 62293 in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 62293, IL
How long does it take to sell a home in 62293, IL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 9 Days | 32 Days | +255.6% |
Summary: Homes in 62293 had an average of 32 days on market in Dec 2024, up by 255.6% 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 62293 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in 62293; 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.