Is Admirals Pointe, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Admirals Pointe is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Admirals Pointe has remained a Seller's Market.

Key Takeaway

Admirals Pointe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Admirals Pointe, IL

How much do homes in Admirals Pointe, IL cost?

Median Sold Price

$280,000

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$117,500(-29.6%)

Key Takeaway

Homes in Admirals Pointe have sold for 29.6% less than they did a year ago.

Summary: The median home sold price in Admirals Pointe was $280,000 in April 2024, down 29.6% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $264K$278K
+5.3%
2 $422.5K$469K
+11.0%
3 $845K-
N/A
4 --
N/A
5+ --
N/A

Summary: Admirals Pointe housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 11%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Near North Side
-3.7%
River North
-7.6%
Admirals Pointe
-29.6%

Housing Supply in Admirals Pointe, IL

How many homes are available in Admirals Pointe, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
79+28.6%

Summary: The Admirals Pointe real estate market had 9 homes for sale in April 2024, a 28.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 56
+20.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Admirals Pointe housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Admirals Pointe, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Admirals Pointe in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Admirals Pointe, IL

How long does it take to sell a home in Admirals Pointe, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
4 Days30 Days+542.9%

Summary: Homes in Admirals Pointe had an average of 30 days on market in Apr 2024, up by 542.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Admirals Pointe are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Admirals Pointe; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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