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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saybrook is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Saybrook has remained a Seller's Market.

Key Takeaway

Saybrook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Saybrook, IL

How much do homes in Saybrook, IL cost?

Median Sold Price

$160,000

$86/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$117,500(-42.3%)

Key Takeaway

Homes in Saybrook have sold for 42.3% less than they did a month ago.

Summary: The median home sold price in Saybrook was $160,000 in May 2024, down 42.3% from last month, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $125K-
N/A
4 $430K$160K
-62.8%
5+ --
N/A

Summary: Saybrook 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 62.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Saybrook
-42.3%
Cheney's Grove Township
-42.3%

Housing Supply in Saybrook, IL

How many homes are available in Saybrook, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
43-25.0%

Summary: The Saybrook real estate market had 3 homes for sale in May 2024, a 25.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Saybrook housing inventory by bedroom type for May 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 decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saybrook, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Saybrook in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Saybrook, IL

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

Average Sale Time

Apr 2024May 2024CHANGE
3 Days124 Days+3442.9%

Summary: Homes in Saybrook had an average of 124 days on market in May 2024, up by 3442.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Saybrook are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 1 homes were sold in Saybrook; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

Newest Listings in Saybrook, IL

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