$4,156 Closing Credit*
$350,000
1,680 SqFt
3 Beds
•2 Full Baths
Linda Cox, Listing Office: C21 HOUSE OF REALTY, INC. L
Is 62959, 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, 62959 has remained a Seller's Market.
Key Takeaway
62959 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62959, IL
How much do homes in 62959, IL cost?
Median Sold Price
$185,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+12.1%)
Key Takeaway
Homes in 62959 have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in 62959 was $185,000 in November 2024, up 12.1% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $33K | $132K | +300.0% |
| 2 Bedrooms | $79.5K | $94.4K | +18.7% |
| 3 Bedrooms | $169K | $195K | +15.4% |
| 4 Bedrooms | $261K | $287.5K | +10.2% |
| 5+ Bedrooms | $425K | $480K | +12.9% |
Summary: 62959 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 300%, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 12.9%.
Housing Supply in 62959, IL
How many homes are available in 62959, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 124 | 126 | +1.6% |
Summary: The 62959 real estate market had 126 homes for sale in November 2024, a 1.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 25 | 21 | -16.0% |
| 3 Bedrooms | 58 | 62 | +6.9% |
| 4 Bedrooms | 33 | 34 | +3.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 62959 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 decreased by 16%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 29 | +7.4% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62959, you may be able to get a good deal. 72.4% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in 62959 in November 2024, up by 7.4% month-over-month. Of the 29 sold homes, 72% were sold under asking, 10% were sold at asking, and 17% were sold over asking.
Days on Market for 62959, IL
How long does it take to sell a home in 62959, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 33 Days | +68.0% |
Summary: Homes in 62959 had an average of 33 days on market in Nov 2024, up by 68% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62959 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in 62959; 62% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.