Is 62613, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 62613 has remained a Seller's Market.
Housing Prices in 62613, IL
How much do homes in 62613, IL cost?
Median Sold Price
$165,000
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 62613 was $165,000 in April 2024, the same as last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $40.5K | -78.7% |
2 Bedrooms | $92.5K | $95.7K | +3.5% |
3 Bedrooms | $171K | $169K | -1.2% |
4 Bedrooms | $144.9K | $198K | +36.6% |
5+ Bedrooms | $227.9K | - | N/A |
Summary: 62613 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 78.7%, 2 bedroom homes increased by 3.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 36.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
62675 | $163K | $185K | +13.5% |
62684 | $261.4K | $265K | +1.4% |
62613 | $164.9K | $165K | 0.0% |
Housing Supply in 62613, IL
How many homes are available in 62613, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Summary: The 62613 real estate market had 12 homes for sale in April 2024, a 50.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62613 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 increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 62613 in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 62613, IL
How long does it take to sell a home in 62613, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
87 Days | 16 Days | -81.2% |
Summary: Homes in 62613 had an average of 16 days on market in Apr 2024, down by 81.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 62613; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.