Housing Prices in New Grand Chain, IL

How much do homes in New Grand Chain, IL cost?

Median List Price

$98,725

$50/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$28,225(-22.2%)

Key Takeaway

The list price of homes in New Grand Chain has decreased by 22.2% since last year.

Summary: The median home list price in New Grand Chain was $98,725 in October 2024, down 22.2% from the previous year, and the median price per square foot was $50.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $62.5K-
N/A
3 $114.9K$62.5K
-45.6%
4 $139K-
N/A
5+ $169.9K$169.9K
0.0%

Summary: New Grand Chain 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 did not change, 3 bedroom homes decreased by 45.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Grand Chain
+9.7%
New Grand Chain
-22.2%

Housing Supply in New Grand Chain, IL

How many homes are available in New Grand Chain, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
110.0%

Summary: The New Grand Chain real estate market had 1 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The New Grand Chain 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for New Grand Chain, IL

How long does it take to sell a home in New Grand Chain, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
192 Days189 Days-1.6%

Summary: Homes in New Grand Chain had an average listing age of 189 days in Oct 2024, down by 1.6% compared to the previous year.

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

Report Updated 14 Days Ago

Newest Listings in New Grand Chain, IL

Nearby Markets to New Grand Chain, IL