Is Beecher, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Beecher has remained a Seller's Market.
Housing Prices in Beecher, IL
How much do homes in Beecher, IL cost?
Median Sold Price
$289,900
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Beecher was $289,900 in June 2024, up 7.4% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128.8K | $630K | +389.1% |
2 Bedrooms | $219.9K | $235K | +6.8% |
3 Bedrooms | $276K | $291.9K | +5.8% |
4 Bedrooms | $320K | $305K | -4.7% |
5+ Bedrooms | - | $430K | N/A |
Summary: Beecher housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 389.1%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Beecher | $270K | $289.9K | +7.4% |
Washington Township | $243K | $231K | -4.9% |
Housing Supply in Beecher, IL
How many homes are available in Beecher, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
30 | 29 | -3.3% |
Summary: The Beecher real estate market had 29 homes for sale in June 2024, a 3.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Beecher housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
11 | 10 | -9.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Beecher in June 2024, down by 9.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Beecher, IL
How long does it take to sell a home in Beecher, IL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
17 Days | 55 Days | +222.9% |
Summary: Homes in Beecher had an average of 55 days on market in Jun 2024, up by 222.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 10 homes were sold in Beecher; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.