Is Country Club Hills, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Country Club Hills is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Country Club Hills has remained a Seller's Market.

Key Takeaway

Country Club Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Country Club Hills, IL

How much do homes in Country Club Hills, IL cost?

Median Sold Price

$189,900

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$5,600(-2.9%)

Key Takeaway

Homes in Country Club Hills have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Country Club Hills was $189,900 in April 2024, down 2.9% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $270K$45K
-83.3%
2 $139.7K$142.4K
+1.9%
3 $195.5K$180K
-7.9%
4 $213K$207.9K
-2.4%
5+ $253.5K$290.8K
+14.7%

Summary: Country Club Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 83.3%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 14.7%.

Median Sold Price Compared To Nearby Cities

Hazel Crest
+10.3%
Bremen Township
+4.7%
Flossmoor
0.0%
Country Club Hills
-2.9%
Rich Township
-7.1%

Housing Supply in Country Club Hills, IL

How many homes are available in Country Club Hills, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
101130+28.7%

Summary: The Country Club Hills real estate market had 130 homes for sale in April 2024, a 28.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 1111
0.0%
3 5673
+30.4%
4 2536
+44.0%
5+ 78
+14.3%

Summary: The Country Club 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 30.4%, 4 bedroom homes increased by 44%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2128+33.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Country Club Hills, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in Country Club Hills in April 2024, up by 33.3% month-over-month. Of the 28 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% were sold over asking.

Days on Market for Country Club Hills, IL

How long does it take to sell a home in Country Club Hills, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days61 Days+0.8%

Summary: Homes in Country Club Hills had an average of 61 days on market in Apr 2024, up by 0.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Country Club Hills are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 28 homes were sold in Country Club Hills; 43% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

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

Report Updated 19 Days Ago

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