Is 61733, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 61733 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 61733 has remained a Seller's Market.

Key Takeaway

61733 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 61733, IL

How much do homes in 61733, IL cost?

Median Sold Price

$180,000

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$28,000(-13.5%)

Key Takeaway

Homes in 61733 have sold for 13.5% less than they did a year ago.

Summary: The median home sold price in 61733 was $180,000 in April 2024, down 13.5% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $65.9K$132.5K
+100.9%
3 $169K$254.9K
+50.8%
4 $245K-
N/A
5+ $320K$185K
-42.2%

Summary: 61733 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 100.9%, 3 bedroom homes increased by 50.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 42.2%.

Median Sold Price Compared To Nearby Zip Codes

61530
+36.0%
61550
+8.1%
61755
+7.5%
61733
-13.5%

Housing Supply in 61733, IL

How many homes are available in 61733, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
440.0%

Summary: The 61733 real estate market had 4 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 61733 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 61733, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 61733 in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 61733, IL

How long does it take to sell a home in 61733, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
3 Days3 Days+4.8%

Summary: Homes in 61733 had an average of 3 days on market in Apr 2024, up by 4.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 61733 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 61733; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in 61733, IL

Nearby Markets to 61733, IL