Is Cottage Hills, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cottage Hills has remained a Seller's Market.
Housing Prices in Cottage Hills, IL
How much do homes in Cottage Hills, IL cost?
Median Sold Price
$154,000
$138/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Cottage Hills was $154,000 in April 2024, up 56.9% from last month, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $96.1K | - | N/A |
3 Bedrooms | $99K | $219.5K | +121.6% |
4 Bedrooms | - | $140K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Cottage Hills housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 121.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Cottage Hills, IL
How many homes are available in Cottage Hills, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Summary: The Cottage Hills real estate market had 12 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 4 | 7 | +75.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cottage Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Cottage Hills in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Cottage Hills, IL
How long does it take to sell a home in Cottage Hills, IL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 42 Days | +12.8% |
Summary: Homes in Cottage Hills had an average of 42 days on market in Apr 2024, up by 12.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Cottage Hills; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.