March 2024

62037 Housing Market Report Grafton, Jersey County, Illinois

Report Updated 24 Days Ago

Is 62037, 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, 62037 has remained a Buyer's Market.

Key Takeaway

62037 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 62037, IL

How much do homes in 62037, IL cost?

Median Sold Price

$203,595

$145/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$45,595(+28.9%)

Key Takeaway

Homes in 62037 have sold for 28.9% more than they did a month ago.

Summary: The median home sold price in 62037 was $203,595 in March 2024, up 28.9% from last month, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	$158K	-	N/A
3 Bedrooms	-	$203.5K	N/A
4 Bedrooms	-	-	N/A
5+ Bedrooms	-	-	N/A

Summary: 62037 housing prices by bedroom type for March 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.

Housing Supply in 62037, IL

How many homes are available in 62037, IL?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
10	11	+10.0%

Summary: The 62037 real estate market had 11 homes for sale in March 2024, a 10.0% 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	2	2	0.0%
3 Bedrooms	5	5	0.0%
4 Bedrooms	1	2	+100.0%
5+ Bedrooms	2	2	0.0%

Summary: The 62037 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 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024	Mar 2024	CHANGE
1	1	0.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Key Takeaway

If you're buying a home in 62037, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 62037 in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 62037, IL

How long does it take to sell a home in 62037, IL?

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 62037 has remained consistent over time.

Summary: During March 2024, 1 homes were sold in 62037; 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 24 Days Ago

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Newest Listings in 62037, IL

What homes are available in 62037, IL?

See More Listings

4 bedrooms, 3 full baths, 1 partial house for sale

Backup Offers

$325,000

$3,859 Closing Credit

3 Full, 1 Partial

14847 Willow St, Grafton IL, 62037

Listing Office:

Tarrant And Harman Real Estate

Backup Offers

$369,000

$4,382 Closing Credit

3,082 SqFt

402 Bluff Ridge Rd, Grafton IL, 62037

Listing Office:

Landmark Realty

$237,700

$2,823 Closing Credit

1,118 SqFt

711 Main St W, Grafton IL, 62037

Listing Office:

Coldwell Banker Brown Realtors

$29,000

Land

0.72 Acres

950 Wren Ct, Grafton IL, 62037

Listing Office:

Market Pro Realty, Inc

5 bedrooms, 5 full baths, 1 partial house for sale

$2,900,000

5 Full, 1 Partial

4,800 SqFt

1 Tara Point Dr, Grafton IL, 62037

Listing Office:

Tarrant And Harman Real Estate

$429,000

$5,094 Closing Credit

1,955 SqFt

1115 Redwing Ct, Grafton IL, 62037

Listing Office:

Pioneer Land Company

Backup Offers

$679,000

$8,063 Closing Credit

3,950 SqFt

19132 Powerline Rd, Grafton IL, 62037

Joseph Cebuhar

Listing Office:

Whitetail Properties Real Esta

$37,000

Land

1.00 Acres

856 Grafton Hills Dr, Grafton IL, 62037

Listing Office:

S. Adams Agency, Inc.

$35,500

Land

0.50 Acres

875 Grafton Hills Drive, Grafton IL, 62037

Listing Office:

S. Adams Agency, Inc.

$34,500

Land

0.50 Acres

506 Grafton Hills Dr, Grafton IL, 62037

Listing Office:

S. Adams Agency, Inc.

$56,500

Land

3.00 Acres

794 Grafton Hills Drive, Grafton IL, 62037

Listing Office:

S. Adams Agency, Inc.

$34,500

Land

0.50 Acres

574 Grafton Hills Drive, Grafton IL, 62037

Listing Office:

S. Adams Agency, Inc.

Nearby Markets to 62037, IL

MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System, and RMLS Alliance for the period 02/01/2024 - 04/01/2024

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: 4/25/2024, 12:53:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings courtesy of RMLS Alliance 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2024, 12:50:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.