Is 62966, 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, 62966 was a Buyer's Market.
Housing Prices in 62966, IL
How much do homes in 62966, IL cost?
Median Sold Price
$114,888
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 62966 was $114,888 in April 2024, up 9.9% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $63K | -53.3% |
2 Bedrooms | $66K | $66K | 0.0% |
3 Bedrooms | $132K | $120K | -9.1% |
4 Bedrooms | $207K | $163.5K | -21.0% |
5+ Bedrooms | $194K | $230K | +18.6% |
Summary: 62966 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.3%, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 21%, and 5+ bedroom homes increased by 18.6%.
Median Sold Price Compared To Nearby Zip Codes
62966 | $104.5K | $114.8K | +9.9% |
62901 | $118.5K | $121.7K | +2.7% |
Housing Supply in 62966, IL
How many homes are available in 62966, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 47 | +11.9% |
Summary: The 62966 real estate market had 47 homes for sale in April 2024, a 11.9% 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 | 15 | 18 | +20.0% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 62966 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 20%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 62966 in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for 62966, IL
How long does it take to sell a home in 62966, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 38 Days | -45.0% |
Summary: Homes in 62966 had an average of 38 days on market in Apr 2024, down by 45% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 62966; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.