Is 62033, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 62033 has remained a Seller's Market.
Key Takeaway
62033 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62033, IL
How much do homes in 62033, IL cost?
Median Sold Price
$100,750
$83/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 62033 have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in 62033 was $100,750 in March 2024, up 17.2% from last year, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $67K | $84K | +25.4% |
| 3 Bedrooms | $135K | $109.5K | -18.9% |
| 4 Bedrooms | $170K | $162.5K | -4.4% |
| 5+ Bedrooms | $175K | $119K | -32.0% |
Summary: 62033 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.4%, 3 bedroom homes decreased by 18.9%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 32%.
Median Sold Price Compared To Nearby Zip Codes
| 62088 | $112.5K | $135.5K | +20.4% |
| 62033 | $86K | $100.7K | +17.2% |
Housing Supply in 62033, IL
How many homes are available in 62033, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The 62033 real estate market had 17 homes for sale in March 2024, a 6.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62033 housing inventory by bedroom type for March 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 increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 62033, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 62033 in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 62033, IL
How long does it take to sell a home in 62033, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 0 Days | 65 Days | +9650.0% |
Summary: Homes in 62033 had an average of 65 days on market in Mar 2024, up by 9650% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 62033 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in 62033; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.