Is Calumet City, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calumet City is a seller's market

Buyer's
Market

Difference Since December 2020

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

Key Takeaway

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

How much do homes in Calumet City, IL cost?

Median Sold Price

$145,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$22,000(+17.9%)

Key Takeaway

Homes in Calumet City have sold for 17.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $29K$40.5K
+39.7%
2 $50.9K$85K
+67.0%
3 $125K$151.2K
+21.0%
4 $128K$150K
+17.2%
5+ $170K$208K
+22.4%

Median Sold Price Compared To Nearby Cities

Burnham
+25.7%
Dolton
+25.1%
Lansing
+19.5%
Calumet City
+17.9%
South Holland
+14.9%

How many homes are available in Calumet City, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
205203-1.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 44
0.0%
2 3031
+3.3%
3 113107
-5.3%
4 3134
+9.7%
5+ 2727
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
3935-10.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calumet City, you could pay more than the asking price. 65.7% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
30 Days32 Days+5.3%

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Address Not Disclosed, Calumet City, IL 60409

Address Not Disclosed, Calumet City, IL 60409

$84,900~$300/mo.*
3 Beds • 1 Bath1,010 SqFt
Brittany Sanchez#11308343Listing Office:
Grandview Realty, LLCMLS logo
343 Campbell Ave, Calumet City, IL 60409

343 Campbell Ave, Calumet City, IL 60409

$225,000~$850/mo.*
4 Beds • 3 Baths1,688 SqFt
Marsha Green#11307581Listing Office:
Real People Realty IncMLS logo
1395 Wentworth Ave, Calumet City, IL 60409

1395 Wentworth Ave, Calumet City, IL 60409

$220,000~$850/mo.*
4 Beds • 2 Baths1,300 SqFt
Kayla Denwood#11307164Listing Office:
Real People Realty IncMLS logo
653 Muskegon Ave, Calumet City, IL 60409

653 Muskegon Ave, Calumet City, IL 60409

$165,000~$600/mo.*
3 Beds • 2 Baths1,308 SqFt
Jar'neen Towns#11306761Listing Office:
Towns & AssociatesMLS logo
135 Mason St, Calumet City, IL 60409

135 Mason St, Calumet City, IL 60409

$194,900~$750/mo.*
2 Beds • 2 Baths1,007 SqFt
Jose Gonzalez#11306196Listing Office:
Realty of Chicago LLCMLS logo
401 Yates Ave, Calumet City, IL 60409

401 Yates Ave, Calumet City, IL 60409

$168,000~$650/mo.*
3 Beds • 2 Baths1,250 SqFt
Richard Guss#11306032Listing Office:
Prestige Partners Realty, Inc.MLS logo
287 Luella Ave, Calumet City, IL 60409

287 Luella Ave, Calumet City, IL 60409

$230,000~$850/mo.*
3 Beds • 2 Baths1,250 SqFt
Tanya Williams#11305340Listing Office:
Exit Strategy RealtyMLS logo
356 Prairie Ave, Calumet City, IL 60409

356 Prairie Ave, Calumet City, IL 60409

$205,000~$750/mo.*
3 Beds • 2 Baths1,200 SqFt
Colleen Berg#11304967Listing Office:
Berg PropertiesMLS logo
218 155th St, Calumet City, IL 60409

218 155th St, Calumet City, IL 60409

$90,000~$350/mo.*
4 Beds • 2 Baths1,700 SqFt
Cheryl Gordon#11304943Listing Office:
Elite Executives Real EstateMLS logo
640 Hirsch Ave, Calumet City, IL 60409

640 Hirsch Ave, Calumet City, IL 60409

$187,987~$700/mo.*
3 Beds • 2 Baths1,144 SqFt
Inga Aleksonis#11304357Listing Office:
Century 21 AffiliatedMLS logo
Address Not Disclosed, Calumet City, IL 60409

Address Not Disclosed, Calumet City, IL 60409

$89,900~$350/mo.*
2 Beds • 1 Bath995 SqFt
Michael Woods#11303459Listing Office:
Century 21 AffiliatedMLS logo
737 Sibley Blvd, Calumet City, IL 60409

737 Sibley Blvd, Calumet City, IL 60409

$210,000~$800/mo.*
2 Beds • 2 Baths1,000 SqFt
Lori Spruiell#11303258Listing Office:
Baird & WarnerMLS logo

About Calumet City, IL

Calumet City, IL has 203 homes on the market. Between November 2021 and December 2021, Calumet City, IL real estate market has seen decrease in the number of listings by 1%. In December 2021 median list price was $145,000 and the average listing age was 32 days. This housing market listing prices have changed between November 2021 and December 2021: 1 bedroom properties prices increased by 39.7%, the cost of 2 bedrooms properties went up by 67%, prices of 3 bedrooms properties went up by 21%, 4 bedrooms properties became 17.2% more expensive, prices of 5 bedrooms properties increased by 22.4%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 3.3%, 3 bedrooms homes inventory decreased by 5.3%, the quantity of 4 bedrooms homes went up by 9.7%, the quantity of 5 bedrooms homes have not changed. Calumet City, IL housing market in December 2021 saw over 23 listings sold above listed price, more than 5 sold at listed price and over 7 sold below.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 01/01/2020 - 01/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/20/2022, 11:15:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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