Is 61726, 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, 61726 has remained a Seller's Market.
Housing Prices in 61726, IL
How much do homes in 61726, IL cost?
Median Sold Price
$125,000
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 61726 was $125,000 in April 2024, down 16.7% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $119.4K | $91.2K | -23.6% |
3 Bedrooms | $152.5K | $143K | -6.2% |
4 Bedrooms | $173.5K | $148K | -14.7% |
5+ Bedrooms | $115K | $229K | +99.1% |
Summary: 61726 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 23.6%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes increased by 99.1%.
Median Sold Price Compared To Nearby Zip Codes
61753 | $157.1K | $213.7K | +36.1% |
61739 | $151.5K | $135K | -10.9% |
61726 | $150K | $125K | -16.7% |
Housing Supply in 61726, IL
How many homes are available in 61726, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Summary: The 61726 real estate market had 4 homes for sale in April 2024, a 42.9% decrease 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 | 4 | 1 | -75.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 61726 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 75%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 61726 in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 61726, IL
How long does it take to sell a home in 61726, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 40 Days | +220.0% |
Summary: Homes in 61726 had an average of 40 days on market in Apr 2024, up by 220% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in 61726; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.