April 2024

62017 Housing Market Report Coffeen, Montgomery County, Illinois

Report Updated 14 Days Ago

Is 62017, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Buyer's
Market

Difference Since Last Month

Since last month, 62017 has remained a Neutral Market.

Key Takeaway

62017 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 62017, IL

How much do homes in 62017, IL cost?

Median Sold Price

$62,500

$58/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$72,500(-53.7%)

Key Takeaway

Homes in 62017 have sold for 53.7% less than they did a month ago.

Summary: The median home sold price in 62017 was $62,500 in April 2024, down 53.7% from last month, and the median price per square foot was $58.

Median Sold Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	-	-	N/A
3 Bedrooms	-	$62.5K	N/A
4 Bedrooms	$135K	-	N/A
5+ Bedrooms	-	-	N/A

Summary: 62017 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

ZIP	Mar 2024	Apr 2024	CHANGE
62017	$135K	$62.5K	-53.7%
62049	$490K	$90K	-81.6%

Housing Supply in 62017, IL

How many homes are available in 62017, IL?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
6	7	+16.7%

Summary: The 62017 real estate market had 7 homes for sale in April 2024, a 16.7% 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	2	0.0%
3 Bedrooms	2	3	+50.0%
4 Bedrooms	2	2	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The 62017 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024	Apr 2024	CHANGE
1	1	0.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Key Takeaway

If you're buying a home in 62017, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 62017 in April 2024, the same as the previous 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 62017, IL

How long does it take to sell a home in 62017, IL?

Average Sale Time

Mar 2024	Apr 2024	CHANGE
104 Days	88 Days	-15.4%

Summary: Homes in 62017 had an average of 88 days on market in Apr 2024, down by 15.4% compared to last month.

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

Key Takeaway

Avg time on Rocket Homes in 62017 has remained consistent over time.

Summary: During April 2024, 1 homes were sold in 62017; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

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Newest Listings in 62017, IL

What homes are available in 62017, IL?

See More Listings

$229,900

$2,730 Closing Credit

3,562 SqFt

400 Jefferson St, Coffeen IL, 62017

Listing Office:

Montgomery County Realty, Inc.

$37,500

Land

3.10 Acres

17292 Illinois Route 185, Coffeen IL, 62017

Listing Office:

Century 21 Reid Baugher Realty

4 bedrooms, 2 full baths, 1 partial house for sale

$450,000

$5,344 Closing Credit

2 Full, 1 Partial

2,241 SqFt

16370 Old Cemetery Trl, Coffeen IL, 62017

Listing Office:

Montgomery County Realty, Inc.

$29,000

$344 Closing Credit

1,049 SqFt

105 N Central St, Coffeen IL, 62017

Listing Office:

Montgomery County Realty, Inc.

Backup Offers

$75,000

$891 Closing Credit

1,232 SqFt

206 W 3rd St, Coffeen IL, 62017

Listing Office:

Century 21 Reid Baugher Realty

$145,000

$1,722 Closing Credit

1,440 SqFt

107 W 1st St, Coffeen IL, 62017

Listing Office:

Century 21 Reid Baugher Realty

$21,000

$249 Closing Credit

1,044 SqFt

110 Park St, Coffeen IL, 62017

Listing Office:

eXp Realty

$22,000

$261 Closing Credit

1,067 SqFt

304 Cundiff St, Coffeen IL, 62017

Listing Office:

Montgomery County Realty, Inc.

Nearby Markets to 62017, IL

MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System for the period 03/01/2024 - 05/01/2024

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2024, 11:23:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.