$949 Closing Credit*
$79,900
1,891 SqFt
3 Beds
•2 Full Baths
Michelle Campbell, Listing Office: Jim Maloof Realty, Inc.
Is 62644, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 62644 has remained a Seller's Market.
Key Takeaway
62644 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62644, IL
How much do homes in 62644, IL cost?
Median Sold Price
$69,950
$56/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,950(-12.5%)
Key Takeaway
Homes in 62644 have sold for 12.5% less than they did a year ago.
Summary: The median home sold price in 62644 was $69,950 in November 2024, down 12.5% from last year, and the median price per square foot was $56.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77.5K | - | N/A |
| 2 Bedrooms | $62K | $52K | -16.1% |
| 3 Bedrooms | $73K | $77.4K | +6.1% |
| 4 Bedrooms | $115.9K | $145K | +25.1% |
| 5+ Bedrooms | $125K | $53.5K | -57.2% |
Summary: 62644 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 25.1%, and 5+ bedroom homes decreased by 57.2%.
Housing Supply in 62644, IL
How many homes are available in 62644, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Summary: The 62644 real estate market had 15 homes for sale in November 2024, a 6.3% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62644 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 remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62644, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 62644 in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for 62644, IL
How long does it take to sell a home in 62644, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 112 Days | 87 Days | -22.6% |
Summary: Homes in 62644 had an average of 87 days on market in Nov 2024, down by 22.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 62644 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 62644; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.