Is Dolton, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Dolton was a Seller's Market.
Housing Prices in Dolton, IL
How much do homes in Dolton, IL cost?
Median Sold Price
$150,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dolton was $150,000 in April 2024, down 0.6% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | - | N/A |
2 Bedrooms | $77K | $90K | +16.9% |
3 Bedrooms | $158.6K | $150K | -5.4% |
4 Bedrooms | $165K | $198.9K | +20.6% |
5+ Bedrooms | $239.9K | $259.5K | +8.2% |
Summary: Dolton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.9%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Cities
Riverdale | $112.9K | $127.5K | +12.8% |
Thornton Township | $159K | $162.8K | +2.4% |
South Holland | $224.9K | $227.8K | +1.3% |
Dolton | $150.8K | $150K | -0.6% |
Calumet City | $157K | $155K | -1.3% |
Housing Supply in Dolton, IL
How many homes are available in Dolton, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
146 | 154 | +5.5% |
Summary: The Dolton real estate market had 154 homes for sale in April 2024, a 5.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 24 | 27 | +12.5% |
3 Bedrooms | 106 | 107 | +0.9% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Dolton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 25 | -3.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Dolton in April 2024, down by 3.8% month-over-month. Of the 25 sold homes, 32% were sold under asking, 20% were sold at asking, and 48% were sold over asking.
Days on Market for Dolton, IL
How long does it take to sell a home in Dolton, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 45 Days | -34.3% |
Summary: Homes in Dolton had an average of 45 days on market in Apr 2024, down by 34.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Dolton; 48% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.