$950 Closing Credit*
$80,000
1,553 SqFt
2 Beds
•2 Full Baths
JEFFREY PHILLIPS, Listing Office: TRI COUNTY REALTY, INC.
Is 62966, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 62966 was a Buyer's Market.
Key Takeaway
62966 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 62966, IL
How much do homes in 62966, IL cost?
Median Sold Price
$111,000
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,777(-3.3%)
Key Takeaway
Homes in 62966 have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in 62966 was $111,000 in October 2024, down 3.3% 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 | $150.2K | - | N/A |
| 2 Bedrooms | $70K | $60K | -14.3% |
| 3 Bedrooms | $120K | $122.5K | +2.1% |
| 4 Bedrooms | $165K | $247K | +49.7% |
| 5+ Bedrooms | $168.5K | $307.5K | +82.5% |
Summary: 62966 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 decreased by 14.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 49.7%, and 5+ bedroom homes increased by 82.5%.
Median Sold Price Compared To Nearby Zip Codes
| 62901 | $115K | $136K | +18.3% |
| 62966 | $114.7K | $111K | -3.3% |
Housing Supply in 62966, IL
How many homes are available in 62966, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 51 | 0.0% |
Summary: The 62966 real estate market had 51 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 23 | 25 | +8.7% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62966 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 decreased by 7.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
6 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 62966, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 62966 in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for 62966, IL
How long does it take to sell a home in 62966, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 79 Days | +102.3% |
Summary: Homes in 62966 had an average of 79 days on market in Oct 2024, up by 102.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62966 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 62966; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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.