Is Albers, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Albers is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Albers has remained a Seller's Market.

Key Takeaway

Albers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Albers, IL

How much do homes in Albers, IL cost?

Median Sold Price

$267,000

$128/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$5,500(+2.1%)

Key Takeaway

Homes in Albers have sold for 2.1% more than they did a month ago.

Summary: The median home sold price in Albers was $267,000 in November 2024, up 2.1% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$310K
N/A
2 --
N/A
3 $240K$224K
-6.7%
4 --
N/A
5+ $390K-
N/A

Summary: Albers housing prices by bedroom type for November 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 6.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Albers, IL

How many homes are available in Albers, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
86-25.0%

Summary: The Albers real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 53
-40.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The Albers 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 increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Albers, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Albers in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Albers, IL

How long does it take to sell a home in Albers, IL?

Average Sale Time

Oct 2024Nov 2024CHANGE
60 Days58 Days-4.1%

Summary: Homes in Albers had an average of 58 days on market in Nov 2024, down by 4.1% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Albers has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Albers; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Albers, IL

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