Is Bunker Hill, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bunker Hill is a buyer's market

Buyer's
Market

Difference Since July 2021

Since last year, Bunker Hill has remained a Buyer's Market.

Key Takeaway

Bunker Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Bunker Hill, IL cost?

Median Sold Price

$131,450

$97/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$12,450(+10.5%)

Key Takeaway

Homes in Bunker Hill have sold for 10.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 --
N/A
2 $68.1K$69.9K
+2.7%
3 $118K$137.5K
+16.5%
4 $135K$207.5K
+53.7%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Bunker Hill Township
+13.6%
Bunker Hill
+10.5%

How many homes are available in Bunker Hill, IL?

Number of Homes For Sale

Jun 2022Jul 2022%
911+22.2%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 01
+100.0%
2 33
0.0%
3 55
0.0%
4 12
+100.0%
5+ 00
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bunker Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
34 Days40 Days+17.6%

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Bunker Hill has remained consistent over time.

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

About Bunker Hill, IL

Homes for sale in Bunker Hill, IL have reached 11. The number of listings in Bunker Hill, IL increased by 22.2% between June 2022 and July 2022. Listings spent 40 days on the market in July 2022, and had a median list price of $131,450 during the same period. This housing market listing prices have changed between June 2022 and July 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 2.7% more expensive, the cost of 3 bedrooms properties went up by 16.5%, prices of 4 bedrooms properties increased by 53.7%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 100% more available, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes became 100% more available, the quantity of 5 bedrooms homes have not changed. Over 0 listings were sold over their listed price in July 2022 in Bunker Hill, IL. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.