$1,721 Closing Credit*
$144,900
1,594 SqFt
3 Beds
•2 Full Baths
Nikki Machin, Listing Office: The Real Estate Group, Inc.
Is 62613, 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, 62613 has remained a Seller's Market.
Key Takeaway
62613 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62613, IL
How much do homes in 62613, IL cost?
Median Sold Price
$185,000
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+12.1%)
Key Takeaway
Homes in 62613 have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in 62613 was $185,000 in October 2024, up 12.1% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $31K | -38.0% |
| 2 Bedrooms | $61.6K | $129.9K | +110.7% |
| 3 Bedrooms | $165K | $180K | +9.1% |
| 4 Bedrooms | $289.9K | $200K | -31.0% |
| 5+ Bedrooms | $296K | - | N/A |
Summary: 62613 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38%, 2 bedroom homes increased by 110.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 31%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 62613 | $165K | $185K | +12.1% |
| 62675 | $181K | $184.6K | +2.0% |
| 62684 | $280K | $279.5K | -0.2% |
Housing Supply in 62613, IL
How many homes are available in 62613, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The 62613 real estate market had 16 homes for sale in October 2024, a 14.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62613 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 62613, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 62613 in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 62613, IL
How long does it take to sell a home in 62613, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 22 Days | +43.5% |
Summary: Homes in 62613 had an average of 22 days on market in Oct 2024, up by 43.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62613 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 62613; 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 RMLS Alliance as distributed by MLS GRID.