Housing Prices in 61048, IL

How much do homes in 61048, IL cost?

Median List Price

$162,450

$109/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$32,450(-16.6%)

Key Takeaway

The list price of homes in 61048 has decreased by 16.6% since last year.

Summary: The median home list price in 61048 was $162,450 in April 2024, down 16.6% from the previous year, and the median price per square foot was $109.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $154.9K$159.9K
+3.2%
3 $264.4K$182.5K
-31.0%
4 $149.9K$195K
+30.1%
5+ $449.9K-
N/A

Summary: 61048 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 increased by 3.2%, 3 bedroom homes decreased by 31%, 4 bedroom homes increased by 30.1%, and 5+ bedroom homes did not change.

Housing Supply in 61048, IL

How many homes are available in 61048, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
35+66.7%

Summary: The 61048 real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 61048 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 increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 61048, IL

How long does it take to sell a home in 61048, IL?

Average Listing Age

Apr 2023Apr 2024CHANGE
143 Days63 Days-55.7%

Summary: Homes in 61048 had an average listing age of 63 days in Apr 2024, down by 55.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in 61048, IL

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