$49,900
2.48 Acres
Land
Listing Office: Landmark Realty
Is Brighton, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Brighton has remained a Seller's Market.
Key Takeaway
Brighton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brighton, IL
How much do homes in Brighton, IL cost?
Median Sold Price
$190,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$30,000(+18.8%)
Key Takeaway
Homes in Brighton have sold for 18.8% more than they did a year ago.
Summary: The median home sold price in Brighton was $190,000 in December 2024, up 18.8% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69K | $168K | +143.5% |
| 2 Bedrooms | $104.4K | $173K | +65.6% |
| 3 Bedrooms | $160K | $175.5K | +9.7% |
| 4 Bedrooms | $257.6K | $292.4K | +13.5% |
| 5+ Bedrooms | $446K | $255K | -42.8% |
Summary: Brighton housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 143.5%, 2 bedroom homes increased by 65.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 42.8%.
Median Sold Price Compared To Nearby Cities
| Piasa Township | $165K | $230.1K | +39.5% |
| Brighton | $160K | $190K | +18.8% |
| Brighton | $165K | $186.5K | +13.0% |
| Brighton Township | $193.5K | $190K | -1.8% |
Housing Supply in Brighton, IL
How many homes are available in Brighton, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Brighton real estate market had 18 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Brighton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Brighton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Brighton in December 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Brighton, IL
How long does it take to sell a home in Brighton, IL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 41 Days | 62 Days | +49.1% |
Summary: Homes in Brighton had an average of 62 days on market in Dec 2024, up by 49.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Brighton has remained consistent over time.
Summary: During December 2024, 6 homes were sold in Brighton; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.