Is Clearing, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clearing has remained a Seller's Market.
Housing Prices in Clearing, IL
How much do homes in Clearing, IL cost?
Median Sold Price
$290,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clearing was $290,000 in April 2024, up 1.8% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $111.5K | $124.9K | +12.0% |
2 Bedrooms | $185K | $197K | +6.5% |
3 Bedrooms | $295K | $310K | +5.1% |
4 Bedrooms | $337.5K | $340K | +0.7% |
5+ Bedrooms | $369.9K | $450K | +21.7% |
Summary: Clearing housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 21.7%.
Median Sold Price Compared To Nearby Neighborhoods
Chrysler Village | $207.5K | $237K | +14.2% |
Garfield Ridge | $306.4K | $315K | +2.8% |
Clearing | $285K | $290K | +1.8% |
West Lawn | $265K | $267.5K | +0.9% |
Housing Supply in Clearing, IL
How many homes are available in Clearing, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 60 | +25.0% |
Summary: The Clearing real estate market had 60 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 20 | 17 | -15.0% |
3 Bedrooms | 18 | 25 | +38.9% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 2 | 7 | +250.0% |
Summary: The Clearing housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 250%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Clearing in April 2024, the same as the previous month. Of the 18 sold homes, 17% were sold under asking, 6% were sold at asking, and 78% were sold over asking.
Days on Market for Clearing, IL
How long does it take to sell a home in Clearing, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 15 Days | -65.9% |
Summary: Homes in Clearing had an average of 15 days on market in Apr 2024, down by 65.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Clearing; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.