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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Robbins is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Robbins was a Neutral Market.

Key Takeaway

Robbins is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Robbins, IL

How much do homes in Robbins, IL cost?

Median Sold Price

$118,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,000(-0.8%)

Key Takeaway

Homes in Robbins have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in Robbins was $118,000 in November 2024, down 0.8% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $60K$4.9K
-91.8%
3 $120K$102.7K
-14.4%
4 $29.2K$289K
+888.0%
5+ $275K-
N/A

Summary: Robbins housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 91.8%, 3 bedroom homes decreased by 14.4%, 4 bedroom homes increased by 888%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Blue Island
+13.2%
Crestwood
+11.4%
Bremen Township
+9.4%
Midlothian
+8.2%
Robbins
-0.8%

Housing Supply in Robbins, IL

How many homes are available in Robbins, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1014+40.0%

Summary: The Robbins real estate market had 14 homes for sale in November 2024, a 40.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 811
+37.5%
4 22
0.0%
5+ 01
+100.0%

Summary: The Robbins 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 remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Robbins, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Robbins in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Robbins, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
1 Day15 Days+1400.0%

Summary: Homes in Robbins had an average of 15 days on market in Nov 2024, up by 1400% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Robbins are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Robbins; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Robbins, IL

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