Is Dolton, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Dolton was a Seller's Market.
Housing Prices in Dolton, IL
How much do homes in Dolton, IL cost?
Median Sold Price
$149,900
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dolton was $149,900 in March 2024, down 2.2% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | - | N/A |
2 Bedrooms | $77K | $87K | +13.0% |
3 Bedrooms | $159.9K | $150K | -6.2% |
4 Bedrooms | $177K | $174K | -1.7% |
5+ Bedrooms | $203K | $259K | +27.6% |
Summary: Dolton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 27.6%.
Median Sold Price Compared To Nearby Cities
Riverdale | $111.2K | $124.9K | +12.3% |
South Holland | $225K | $226K | 0.4% |
Thornton Township | $160K | $159K | -0.6% |
Dolton | $153.2K | $149.9K | -2.2% |
Calumet City | $160K | $150.2K | -6.1% |
Housing Supply in Dolton, IL
How many homes are available in Dolton, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
147 | 156 | +6.1% |
Summary: The Dolton real estate market had 156 homes for sale in March 2024, a 6.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 23 | 26 | +13.0% |
3 Bedrooms | 105 | 114 | +8.6% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Dolton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Dolton in March 2024, up by 9.5% month-over-month. Of the 23 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.
Days on Market for Dolton, IL
How long does it take to sell a home in Dolton, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 50 Days | -9.6% |
Summary: Homes in Dolton had an average of 50 days on market in Mar 2024, down by 9.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Dolton; 61% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.