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 May 2023

Since last year, Dixmoor has remained a Seller'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

$136,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$16,000(+13.3%)

Key Takeaway

Homes in Dixmoor have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in Dixmoor was $136,000 in May 2024, up 13.3% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $82.5K$167K
+102.4%
3 $99.9K$132K
+32.1%
4 $129.7K$181.5K
+39.9%
5+ --
N/A

Summary: Dixmoor housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 102.4%, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 39.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Riverdale
+15.0%
Dixmoor
+13.3%
Posen
+5.1%
Harvey
+4.4%
Blue Island
-0.7%

Housing Supply in Dixmoor, IL

How many homes are available in Dixmoor, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
550.0%

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

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 11
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dixmoor, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

May 2023May 2024CHANGE
20 Days42 Days+110.0%

Summary: Homes in Dixmoor had an average of 42 days on market in May 2024, up by 110% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dixmoor has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Dixmoor; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 12 Days Ago

Newest Listings in Dixmoor, IL

Nearby Markets to Dixmoor, IL

What housing markets are near Dixmoor, IL?