Is Beecher, IL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Beecher is a seller's market


Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Beecher, IL

How much do homes in Beecher, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Beecher have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Beecher was $285,000 in May 2024, up 3.6% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $128.8K$630K
2 $187.5K$240K
3 $275.5K$285K
4 $325K$315.5K
5+ -$452.5K

Summary: Beecher housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 389.1%, 2 bedroom homes increased by 28%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Washington Township

Housing Supply in Beecher, IL

How many homes are available in Beecher, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Beecher real estate market had 32 homes for sale in May 2024, a 3.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
2 33
3 1414
4 1315
5+ 10

Summary: The Beecher housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beecher, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Beecher in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% 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

May 2023May 2024CHANGE
94 Days27 Days-70.5%

Summary: Homes in Beecher had an average of 27 days on market in May 2024, down by 70.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 7 homes were sold in Beecher; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 12 Days Ago

Newest Listings in Beecher, IL

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What housing markets are near Beecher, IL?