Is Aroma Park, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Aroma Park has remained a Seller's Market.
Housing Prices in Aroma Park, IL
How much do homes in Aroma Park, IL cost?
Median Sold Price
$206,500
$135/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Aroma Park was $206,500 in May 2024, up 19.7% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $190K | $168K | -11.6% |
3 Bedrooms | $155K | $245K | +58.1% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Aroma Park housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 58.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Aroma Park, IL
How many homes are available in Aroma Park, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Summary: The Aroma Park real estate market had 6 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Aroma Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Aroma Park in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Aroma Park, IL
How long does it take to sell a home in Aroma Park, IL?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 Days | 4 Days | -69.2% |
Summary: Homes in Aroma Park had an average of 4 days on market in May 2024, down by 69.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Aroma Park; 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.