$652 Closing Credit*
$54,900
948 SqFt
1 Bed
•1 Full Bath
Listing Office: Prestige Realty, Inc
Is 62324, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 62324 has remained a Seller's Market.
Key Takeaway
62324 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62324, IL
How much do homes in 62324, IL cost?
Median Sold Price
$57,900
$93/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$22,600(-28.1%)
Key Takeaway
Homes in 62324 have sold for 28.1% less than they did a month ago.
Summary: The median home sold price in 62324 was $57,900 in November 2024, down 28.1% from last month, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $71K | $57.9K | -18.5% |
| 3 Bedrooms | $90K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 62324 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 62353 | $164K | $180K | +9.8% |
| 62347 | $200.5K | $195K | -2.7% |
| 62324 | $80.5K | $57.9K | -28.1% |
| 62320 | $160K | $75K | -53.1% |
Housing Supply in 62324, IL
How many homes are available in 62324, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Summary: The 62324 real estate market had 2 homes for sale in November 2024, a 50.0% decrease 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62324 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 decreased by 50%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62324, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 62324 in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 62324, IL
How long does it take to sell a home in 62324, IL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 11 Days | -78.4% |
Summary: Homes in 62324 had an average of 11 days on market in Nov 2024, down by 78.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62324 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in 62324; 100% of homes were sold within 30 days, 0% 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.