$683,000
Land
Amanda Cannon, Listing Office: The Property Shop Real Estate Group LLC
Is 62869, 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, 62869 has remained a Seller's Market.
Key Takeaway
62869 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62869, IL
How much do homes in 62869, IL cost?
Median Sold Price
$53,750
$54/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$52,250(-49.3%)
Key Takeaway
Homes in 62869 have sold for 49.3% less than they did a year ago.
Summary: The median home sold price in 62869 was $53,750 in October 2024, down 49.3% from last year, and the median price per square foot was $54.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $35K | $45K | +28.6% |
| 3 Bedrooms | $108K | $123K | +13.9% |
| 4 Bedrooms | $190K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 62869 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 13.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 62869, IL
How many homes are available in 62869, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Summary: The 62869 real estate market had 1 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62869 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62869, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 62869 in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 62869, IL
How long does it take to sell a home in 62869, IL?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 62869 has remained consistent over time.
Summary: During October 2024, 1 homes were sold in 62869; 0% of homes were sold within 30 days, 100% 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.