$2,255 Closing Credit*
$189,900
1,618 SqFt
3 Beds
•2 Full Baths
Barbara Broughton, Listing Office: CENTURY 21 Broughton Team
Is 62347, 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, 62347 has remained a Seller's Market.
Key Takeaway
62347 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62347, IL
How much do homes in 62347, IL cost?
Median Sold Price
$195,000
$96/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$5,500(-2.7%)
Key Takeaway
Homes in 62347 have sold for 2.7% less than they did a month ago.
Summary: The median home sold price in 62347 was $195,000 in November 2024, down 2.7% from last month, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $259K | N/A |
| 3 Bedrooms | $165.2K | $146K | -11.6% |
| 4 Bedrooms | $221K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 62347 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 did not change, 3 bedroom homes decreased by 11.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 62347 | $200.5K | $195K | -2.7% |
| 62324 | $80.5K | $57.9K | -28.1% |
| 62320 | $160K | $75K | -53.1% |
Housing Supply in 62347, IL
How many homes are available in 62347, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Summary: The 62347 real estate market had 7 homes for sale in November 2024, a 30.0% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 62347 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 62347, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 62347 in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 62347, IL
How long does it take to sell a home in 62347, IL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 6 Days | -31.0% |
Summary: Homes in 62347 had an average of 6 days on market in Nov 2024, down by 31% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62347 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 62347; 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 RMLS Alliance as distributed by MLS GRID.