Is Dixmoor, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dixmoor is a seller's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Dixmoor was a Buyer's Market.

Key Takeaway

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

Housing Prices in Dixmoor, IL

How much do homes in Dixmoor, IL cost?

Median Sold Price

$135,500

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$8,000(+6.3%)

Key Takeaway

Homes in Dixmoor have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Dixmoor was $135,500 in June 2024, up 6.3% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $124.7K-
N/A
3 $115K$135.5K
+17.8%
4 $129.7K$181.5K
+39.9%
5+ --
N/A

Summary: Dixmoor housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 39.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Riverdale
+8.7%
Posen
+8.0%
Dixmoor
+6.3%
Harvey
+4.8%
Blue Island
+4.7%

Housing Supply in Dixmoor, IL

How many homes are available in Dixmoor, IL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
550.0%

Summary: The Dixmoor real estate market had 5 homes for sale in June 2024, the same as May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 12
+100.0%
5+ 11
0.0%

Summary: The Dixmoor housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dixmoor, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Dixmoor in June 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Dixmoor, IL

How long does it take to sell a home in Dixmoor, IL?

Average Sale Time

Jun 2023Jun 2024CHANGE
108 Days990 Days+816.7%

Summary: Homes in Dixmoor had an average of 990 days on market in Jun 2024, up by 816.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dixmoor are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During June 2024, 1 homes were sold in Dixmoor; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 26 Days Ago

Newest Listings in Dixmoor, IL

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