Is 62693, 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, 62693 has remained a Seller's Market.
Housing Prices in 62693, IL
How much do homes in 62693, IL cost?
Median Sold Price
$210,000
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 62693 was $210,000 in April 2024, up 5% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $115K | N/A |
2 Bedrooms | $159.9K | $172K | +7.5% |
3 Bedrooms | $210K | $205K | -2.4% |
4 Bedrooms | $255K | $235K | -7.8% |
5+ Bedrooms | $391.4K | $455K | +16.2% |
Summary: 62693 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 increased by 7.5%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 16.2%.
Median Sold Price Compared To Nearby Zip Codes
62693 | $200K | $210K | +5.0% |
62684 | $261.4K | $265K | +1.4% |
62613 | $164.9K | $165K | 0.0% |
62561 | $161.7K | $146K | -9.7% |
Housing Supply in 62693, IL
How many homes are available in 62693, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Summary: The 62693 real estate market had 4 homes for sale in April 2024, a 100.0% 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 | 1 | +100.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62693 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 62693 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 62693, IL
How long does it take to sell a home in 62693, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 57 Days | +470.0% |
Summary: Homes in 62693 had an average of 57 days on market in Apr 2024, up by 470% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in 62693; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.