$1,661 Closing Credit*
$139,900
1,104 SqFt
3 Beds
•1 Full Bath, 1 Partial
Steve Craggs, Listing Office: Craggs REALTORS, Inc.
Is 62568, 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, 62568 has remained a Seller's Market.
Key Takeaway
62568 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62568, IL
How much do homes in 62568, IL cost?
Median Sold Price
$126,950
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$1,800(-1.4%)
Key Takeaway
Homes in 62568 have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in 62568 was $126,950 in December 2024, down 1.4% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $41.7K | $100K | +139.5% |
| 2 Bedrooms | $83K | $87.9K | +5.9% |
| 3 Bedrooms | $139.5K | $150K | +7.5% |
| 4 Bedrooms | $179.9K | $183K | +1.7% |
| 5+ Bedrooms | $236.9K | $310K | +30.8% |
Summary: 62568 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 139.5%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 30.8%.
Housing Supply in 62568, IL
How many homes are available in 62568, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 51 | 50 | -2.0% |
Summary: The 62568 real estate market had 50 homes for sale in December 2024, a 2.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 62568 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 16 | +60.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62568, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 62568 in December 2024, up by 60.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for 62568, IL
How long does it take to sell a home in 62568, IL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 19 Days | 44 Days | +132.6% |
Summary: Homes in 62568 had an average of 44 days on market in Dec 2024, up by 132.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62568 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 16 homes were sold in 62568; 69% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.