$2,244 Closing Credit*
$189,000
1,056 SqFt
3 Beds
•1 Full Bath, 1 Partial
Michael Walker, Listing Office: COLDWELL BANKER J. DAVID THOMPSON
Is 62939, 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, 62939 has remained a Buyer's Market.
Key Takeaway
62939 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 62939, IL
How much do homes in 62939, IL cost?
Median Sold Price
$185,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$24,000(-11.5%)
Key Takeaway
Homes in 62939 have sold for 11.5% less than they did a year ago.
Summary: The median home sold price in 62939 was $185,000 in October 2024, down 11.5% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $150K | +3.4% |
| 2 Bedrooms | $231.4K | $241K | +4.1% |
| 3 Bedrooms | $145K | $173.7K | +19.8% |
| 4 Bedrooms | $340K | $460K | +35.3% |
| 5+ Bedrooms | $300K | $615K | +105.0% |
Summary: 62939 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 105%.
Median Sold Price Compared To Nearby Zip Codes
| 62939 | $209K | $185K | -11.5% |
| 62922 | $259K | $210K | -18.9% |
Housing Supply in 62939, IL
How many homes are available in 62939, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The 62939 real estate market had 23 homes for sale in October 2024, a 4.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 62939 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 increased by 28.6%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 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 62939, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 62939 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 62939, IL
How long does it take to sell a home in 62939, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 131 Days | 58 Days | -55.2% |
Summary: Homes in 62939 had an average of 58 days on market in Oct 2024, down by 55.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 62939 has remained consistent over time.
Summary: During October 2024, 3 homes were sold in 62939; 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.