Is 62684, 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, 62684 has remained a Seller's Market.
Key Takeaway
62684 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62684, IL
How much do homes in 62684, IL cost?
Median Sold Price
$265,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 62684 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 62684 was $265,000 in April 2024, up 1.4% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | - | N/A |
| 2 Bedrooms | $224.9K | $157.4K | -30.0% |
| 3 Bedrooms | $230K | $247.4K | +7.6% |
| 4 Bedrooms | $375K | $310K | -17.3% |
| 5+ Bedrooms | $415K | $368.5K | -11.2% |
Summary: 62684 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes decreased by 11.2%.
Median Sold Price Compared To Nearby Zip Codes
| 62693 | $200K | $210K | +5.0% |
| 62684 | $261.4K | $265K | +1.4% |
| 62561 | $161.7K | $146K | -9.7% |
Housing Supply in 62684, IL
How many homes are available in 62684, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Summary: The 62684 real estate market had 11 homes for sale in April 2024, a 37.5% 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 | 1 | +100.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 62684 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 increased by 100%, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 62684, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 62684 in April 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for 62684, IL
How long does it take to sell a home in 62684, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 4 Days | 57 Days | +1107.0% |
Summary: Homes in 62684 had an average of 57 days on market in Apr 2024, up by 1107% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 62684 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in 62684; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.