Is South Holland, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, South Holland has remained a Seller's Market.
Housing Prices in South Holland, IL
How much do homes in South Holland, IL cost?
Median Sold Price
$227,833
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Holland was $227,833 in April 2024, up 1.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $100K | N/A |
2 Bedrooms | $172.9K | $159.9K | -7.5% |
3 Bedrooms | $220K | $220K | 0.0% |
4 Bedrooms | $247.5K | $250K | +1.0% |
5+ Bedrooms | $287K | $285K | -0.7% |
Summary: South Holland 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 decreased by 7.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
Thornton Township | $159K | $162.8K | +2.4% |
South Holland | $224.9K | $227.8K | +1.3% |
Phoenix | $143K | $144K | +0.7% |
Dolton | $150.8K | $150K | -0.6% |
Housing Supply in South Holland, IL
How many homes are available in South Holland, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
102 | 116 | +13.7% |
Summary: The South Holland real estate market had 116 homes for sale in April 2024, a 13.7% 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 | 4 | 3 | -25.0% |
3 Bedrooms | 67 | 77 | +14.9% |
4 Bedrooms | 28 | 33 | +17.9% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The South Holland 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 decreased by 25%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in South Holland in April 2024, up by 9.5% month-over-month. Of the 23 sold homes, 22% were sold under asking, 35% were sold at asking, and 43% were sold over asking.
Days on Market for South Holland, IL
How long does it take to sell a home in South Holland, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 37 Days | -21.5% |
Summary: Homes in South Holland had an average of 37 days on market in Apr 2024, down by 21.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in South Holland; 74% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.