$2,304 Closing Credit*
$194,000
1,729 SqFt
3 Beds
•2 Full Baths
Phil Wiley, Listing Office: WILEY REALTY GROUP
Is 62839, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 62839 was a Seller's Market.
Key Takeaway
62839 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 62839, IL
How much do homes in 62839, IL cost?
Median Sold Price
$89,900
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,600(-7.8%)
Key Takeaway
Homes in 62839 have sold for 7.8% less than they did a year ago.
Summary: The median home sold price in 62839 was $89,900 in November 2024, down 7.8% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $53.9K | $81K | +50.3% |
| 2 Bedrooms | $68.9K | $74.9K | +8.7% |
| 3 Bedrooms | $112K | $106.3K | -5.0% |
| 4 Bedrooms | $170K | $175K | +2.9% |
| 5+ Bedrooms | $165K | - | N/A |
Summary: 62839 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.3%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes did not change.
Housing Supply in 62839, IL
How many homes are available in 62839, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The 62839 real estate market had 12 homes for sale in November 2024, a 9.1% increase 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 62839 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 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 62839, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in 62839 in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 62839, IL
How long does it take to sell a home in 62839, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 34 Days | +74.4% |
Summary: Homes in 62839 had an average of 34 days on market in Nov 2024, up by 74.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62839 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 62839; 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.