Is 61064, 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, 61064 was a Neutral Market.
Housing Prices in 61064, IL
How much do homes in 61064, IL cost?
Median Sold Price
$122,000
$75/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 61064 was $122,000 in April 2024, up 15.2% from last year, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $97.2K | $119.7K | +23.1% |
3 Bedrooms | $103K | $135K | +31.1% |
4 Bedrooms | $144K | $112K | -22.2% |
5+ Bedrooms | $252.5K | $98K | -61.2% |
Summary: 61064 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 23.1%, 3 bedroom homes increased by 31.1%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 61.2%.
Median Sold Price Compared To Nearby Zip Codes
61064 | $105.9K | $122K | +15.2% |
61051 | $102.1K | $105K | +2.8% |
61030 | $107K | $90K | -15.9% |
Housing Supply in 61064, IL
How many homes are available in 61064, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Summary: The 61064 real estate market had 19 homes for sale in April 2024, a 5.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 61064 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 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 61064 in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 61064, IL
How long does it take to sell a home in 61064, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 62 Days | +418.8% |
Summary: Homes in 61064 had an average of 62 days on market in Apr 2024, up by 418.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 61064; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.