Is 61065, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 61065 has remained a Seller's Market.
Housing Prices in 61065, IL
How much do homes in 61065, IL cost?
Median Sold Price
$232,500
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 61065 was $232,500 in April 2024, up 5.7% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $167.4K | $165K | -1.5% |
3 Bedrooms | $215K | $240K | +11.6% |
4 Bedrooms | $220K | $224K | +1.8% |
5+ Bedrooms | $225K | $243K | +8.0% |
Summary: 61065 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 decreased by 1.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Zip Codes
61008 | $200K | $235K | +17.5% |
61065 | $220K | $232.5K | +5.7% |
53525 | $224.2K | $229K | +2.1% |
Housing Supply in 61065, IL
How many homes are available in 61065, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 31 | +29.2% |
Summary: The 61065 real estate market had 31 homes for sale in April 2024, a 29.2% 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 | 1 | -50.0% |
3 Bedrooms | 12 | 16 | +33.3% |
4 Bedrooms | 9 | 13 | +44.4% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 61065 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 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 61065 in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 61065, IL
How long does it take to sell a home in 61065, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 32 Days | +2.1% |
Summary: Homes in 61065 had an average of 32 days on market in Apr 2024, up by 2.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 61065; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.