$2,731 Closing Credit*
$230,000
2,294 SqFt
5 Beds
•2 Full Baths, 1 Partial
Listing Office: Tarrant And Harman Real Estate
Is 62028, 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, 62028 has remained a Seller's Market.
Key Takeaway
62028 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62028, IL
How much do homes in 62028, IL cost?
Median Sold Price
$191,000
$85/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$26,000(+15.8%)
Key Takeaway
Homes in 62028 have sold for 15.8% more than they did a month ago.
Summary: The median home sold price in 62028 was $191,000 in September 2024, up 15.8% from last month, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | - | N/A |
| 3 Bedrooms | $157.5K | $191K | +21.3% |
| 4 Bedrooms | $212K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 62028 housing prices by bedroom type for September 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 21.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 62028, IL
How many homes are available in 62028, IL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Summary: The 62028 real estate market had 2 homes for sale in September 2024, a 66.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 62028 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
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 62028, 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 62028 in September 2024, down by 66.7% 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 62028, IL
How long does it take to sell a home in 62028, IL?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 40 Days | 117 Days | +190.1% |
Summary: Homes in 62028 had an average of 117 days on market in Sep 2024, up by 190.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 62028 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 1 homes were sold in 62028; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.