Is Diamond, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Diamond was a Buyer's Market.
Housing Prices in Diamond, IL
How much do homes in Diamond, IL cost?
Median Sold Price
$257,400
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Diamond was $257,400 in April 2024, up 7.2% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $230K | $230K | 0.0% |
3 Bedrooms | $216.5K | $273.7K | +26.4% |
4 Bedrooms | $332.5K | $372K | +11.9% |
5+ Bedrooms | - | - | N/A |
Summary: Diamond 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 did not change, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Coal City | $210K | $276.5K | +31.7% |
Felix Township | $225K | $248.7K | +10.5% |
Braidwood | $200K | $220K | +10.0% |
Reed Township | $200K | $220K | +10.0% |
Diamond | $240K | $257.4K | +7.2% |
Housing Supply in Diamond, IL
How many homes are available in Diamond, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Summary: The Diamond real estate market had 7 homes for sale in April 2024, a 16.7% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Diamond 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Diamond in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Diamond, IL
How long does it take to sell a home in Diamond, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 1 Day | -66.7% |
Summary: Homes in Diamond had an average of 1 days on market in Apr 2024, down by 66.7% 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
Summary: During April 2024, 1 homes were sold in Diamond; 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.