Is 61252, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 61252 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 61252 has remained a Seller's Market.

Key Takeaway

61252 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 61252, IL

How much do homes in 61252, IL cost?

Median Sold Price

$143,250

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,250(+12.8%)

Key Takeaway

Homes in 61252 have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in 61252 was $143,250 in April 2024, up 12.8% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $43K$87.5K
+103.5%
2 $113.6K$135K
+18.8%
3 $159.9K$140.5K
-12.1%
4 $136K$200K
+47.1%
5+ $165K$220K
+33.3%

Summary: 61252 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 103.5%, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 47.1%, and 5+ bedroom homes increased by 33.3%.

Median Sold Price Compared To Nearby Zip Codes

61252
+12.8%
52732
+10.5%
61270
+4.5%
61230
+2.9%

Housing Supply in 61252, IL

How many homes are available in 61252, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2023+15.0%

Summary: The 61252 real estate market had 23 homes for sale in April 2024, a 15.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 1212
0.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The 61252 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 61252, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 61252 in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 61252, IL

How long does it take to sell a home in 61252, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
34 Days33 Days-4.1%

Summary: Homes in 61252 had an average of 33 days on market in Apr 2024, down by 4.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 61252 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in 61252; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 21 Days Ago

Newest Listings in 61252, IL

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