$1,186 Closing Credit*
$99,900
1,676 SqFt
3 Beds
•1 Full Bath
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 October 2023
Since last year, 62839 has remained a Seller's Market.
Key Takeaway
62839 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62839, IL
How much do homes in 62839, IL cost?
Median Sold Price
$95,247
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,253(-2.3%)
Key Takeaway
Homes in 62839 have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in 62839 was $95,247 in October 2024, down 2.3% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $53.9K | $81K | +50.3% |
| 2 Bedrooms | $68K | $74.9K | +10.2% |
| 3 Bedrooms | $115K | $112K | -2.6% |
| 4 Bedrooms | $170K | $175K | +2.9% |
| 5+ Bedrooms | $165K | - | N/A |
Summary: 62839 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.3%, 2 bedroom homes increased by 10.2%, 3 bedroom homes decreased by 2.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The 62839 real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 62839 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62839, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in 62839 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 11 Days | -66.3% |
Summary: Homes in 62839 had an average of 11 days on market in Oct 2024, down by 66.3% compared to last year.
Breakdown of Home Sale Times
2 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 62839 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 62839; 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.