Is 61913, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 61913 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 61913 has remained a Seller's Market.

Key Takeaway

61913 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 61913, IL

How much do homes in 61913, IL cost?

Median Sold Price

$156,775

$102/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$65,775(+72.3%)

Key Takeaway

Homes in 61913 have sold for 72.3% more than they did a month ago.

Summary: The median home sold price in 61913 was $156,775 in April 2024, up 72.3% from last month, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $91K$156.7K
+72.3%
4 --
N/A
5+ --
N/A

Summary: 61913 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 72.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 61913, IL

How many homes are available in 61913, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
53-40.0%

Summary: The 61913 real estate market had 3 homes for sale in April 2024, a 40.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 53
-40.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 61913 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 decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 61913, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 61913 in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 61913, IL

How long does it take to sell a home in 61913, IL?

Average Sale Time

Mar 2024Apr 2024CHANGE
22 Days3 Days-84.1%

Summary: Homes in 61913 had an average of 3 days on market in Apr 2024, down by 84.1% compared to last month.

Breakdown of Home Sale Times

2 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 61913 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 61913; 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 13 Days Ago

Newest Listings in 61913, IL

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