Is 62930, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 62930 was a Buyer's Market.
Key Takeaway
62930 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 62930, IL
How much do homes in 62930, IL cost?
Median Sold Price
$75,200
$60/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 62930 have sold for 22.9% more than they did a year ago.
Summary: The median home sold price in 62930 was $75,200 in April 2024, up 22.9% from last year, and the median price per square foot was $60.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $26K | $37K | +42.3% |
| 2 Bedrooms | $53.2K | $51K | -4.2% |
| 3 Bedrooms | $63.7K | $93K | +45.9% |
| 4 Bedrooms | $69K | $142.5K | +106.5% |
| 5+ Bedrooms | $115K | $210K | +82.6% |
Summary: 62930 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.3%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 45.9%, 4 bedroom homes increased by 106.5%, and 5+ bedroom homes increased by 82.6%.
Housing Supply in 62930, IL
How many homes are available in 62930, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The 62930 real estate market had 12 homes for sale in April 2024, a 7.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 62930 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 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 62930, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 62930 in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 62930, IL
How long does it take to sell a home in 62930, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 34 Days | +25.9% |
Summary: Homes in 62930 had an average of 34 days on market in Apr 2024, up by 25.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 62930 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in 62930; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.