$1,366 Closing Credit*
$115,000
1,463 SqFt
2 Beds
•1 Full Bath
Timothy Nesbitt, Listing Office: Move Real Estate Assoc.
Is Historic Westside, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Historic Westside has remained a Seller's Market.
Key Takeaway
Historic Westside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Historic Westside, IL
How much do homes in Historic Westside, IL cost?
Median Sold Price
$138,450
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$8,450(+6.5%)
Key Takeaway
Homes in Historic Westside have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Historic Westside was $138,450 in September 2024, up 6.5% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $53K | N/A |
| 2 Bedrooms | $120K | $107.2K | -10.6% |
| 3 Bedrooms | $137.5K | $151.5K | +10.2% |
| 4 Bedrooms | $144.9K | $148K | +2.1% |
| 5+ Bedrooms | $197.5K | $156.9K | -20.5% |
Summary: Historic Westside housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.6%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 20.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Washington Park Knolls | $178.7K | $241.9K | +35.3% |
| Oak Ridge | $65.5K | $79K | +20.6% |
| Historic Westside | $130K | $138.4K | +6.5% |
Housing Supply in Historic Westside, IL
How many homes are available in Historic Westside, IL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Summary: The Historic Westside real estate market had 21 homes for sale in September 2024, a 16.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Historic Westside housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Historic Westside, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Historic Westside in September 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Historic Westside, IL
How long does it take to sell a home in Historic Westside, IL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 30 Days | 33 Days | +10.6% |
Summary: Homes in Historic Westside had an average of 33 days on market in Sep 2024, up by 10.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Historic Westside are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Historic Westside; 75% of homes were sold within 30 days, 0% 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.