$1,360 Closing Credit*
$114,500
1,000 SqFt
3 Beds
•1 Full Bath
NANCY Watkins, Listing Office: SHAWNEE HILLS REAL ESTATE, LLC
Is 62995, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 62995 has remained a Seller's Market.
Key Takeaway
62995 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62995, IL
How much do homes in 62995, IL cost?
Median Sold Price
$136,500
$63/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$73,500(-35.0%)
Key Takeaway
Homes in 62995 have sold for 35% less than they did a month ago.
Summary: The median home sold price in 62995 was $136,500 in October 2024, down 35% from last month, and the median price per square foot was $63.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $66.2K | - | N/A |
| 3 Bedrooms | $210K | $136.5K | -35.0% |
| 4 Bedrooms | $367.1K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 62995 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 35%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 62995, IL
How many homes are available in 62995, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The 62995 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 62995 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 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62995, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 62995 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 62995, IL
How long does it take to sell a home in 62995, IL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 82 Days | +547.4% |
Summary: Homes in 62995 had an average of 82 days on market in Oct 2024, up by 547.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 62995 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 62995; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.