$74,900
6.10 Acres
Land
Stephanie Do, Listing Office: Do Realty Services, Inc.
Is Bunker Hill, 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, Bunker Hill was a Neutral Market.
Key Takeaway
Bunker Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bunker Hill, IL
How much do homes in Bunker Hill, IL cost?
Median Sold Price
$163,750
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,250(+14.9%)
Key Takeaway
Homes in Bunker Hill have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in Bunker Hill was $163,750 in October 2024, up 14.9% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.9K | - | N/A |
| 2 Bedrooms | $155K | $120K | -22.6% |
| 3 Bedrooms | $128K | $194.4K | +51.9% |
| 4 Bedrooms | $279.9K | $135K | -51.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Bunker Hill 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 22.6%, 3 bedroom homes increased by 51.9%, 4 bedroom homes decreased by 51.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bunker Hill Township | $142.5K | $177.5K | +24.6% |
| Bunker Hill | $142.5K | $163.7K | +14.9% |
Housing Supply in Bunker Hill, IL
How many homes are available in Bunker Hill, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Summary: The Bunker Hill real estate market had 3 homes for sale in October 2024, a 40.0% 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 | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bunker Hill 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bunker Hill, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Bunker Hill in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bunker Hill, IL
How long does it take to sell a home in Bunker Hill, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 34 Days | +195.7% |
Summary: Homes in Bunker Hill had an average of 34 days on market in Oct 2024, up by 195.7% compared to last year.
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
Key Takeaway
Avg time on Rocket Homes in Bunker Hill has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Bunker Hill; 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 Mid America Regional Information System as distributed by MLS GRID.