Is Brimfield, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brimfield has remained a Seller's Market.
Key Takeaway
Brimfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brimfield, IL
How much do homes in Brimfield, IL cost?
Median Sold Price
$220,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Brimfield have sold for 47.8% more than they did a year ago.
Summary: The median home sold price in Brimfield was $220,000 in May 2024, up 47.8% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $119K | $165K | +38.7% |
| 3 Bedrooms | $140K | $197.5K | +41.1% |
| 4 Bedrooms | $141.2K | $242.5K | +71.7% |
| 5+ Bedrooms | $463K | $432.5K | -6.6% |
Summary: Brimfield housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.7%, 3 bedroom homes increased by 41.1%, 4 bedroom homes increased by 71.7%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Brimfield Township | $146.9K | $220K | +49.8% |
| Brimfield | $148.9K | $220K | +47.8% |
Housing Supply in Brimfield, IL
How many homes are available in Brimfield, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Summary: The Brimfield real estate market had 6 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Brimfield 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brimfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Brimfield in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Brimfield, IL
How long does it take to sell a home in Brimfield, IL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 21 Days | 8 Days | -61.9% |
Summary: Homes in Brimfield had an average of 8 days on market in May 2024, down by 61.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brimfield are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Brimfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.