Is East Hazel Crest, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Hazel Crest is a seller's market

Buyer's
Market

Difference Since May 2022

Since last year, East Hazel Crest has remained a Seller's Market.

Key Takeaway

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

How much do homes in East Hazel Crest, IL cost?

Median Sold Price

$153,500

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$3,500(+2.3%)

Key Takeaway

Homes in East Hazel Crest have sold for 2.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
N/A
2 $110K$129K
+17.3%
3 $152.5K$147K
-3.6%
4 $165.8K$223K
+34.4%
5+ $155K$155K
0.0%

Median Sold Price Compared To Nearby Cities

Harvey
+27.7%
Homewood
+8.6%
East Hazel Crest
+2.3%
Hazel Crest
-7.2%

How many homes are available in East Hazel Crest, IL?

Number of Homes For Sale

Apr 2023May 2023%
68+33.3%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 11
0.0%
3 34
+33.3%
4 11
0.0%
5+ 12
+100.0%

Number of Homes Sold

Apr 2023May 2023%
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

How long does it take to sell a home in East Hazel Crest, IL?

How long does it take to sell a home in East Hazel Crest, IL?

Average Sale Time

May 2022May 2023%
20 Days10 Days-50.0%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Hazel Crest are selling fast, if you're buying plan to act quickly.

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

What housing markets are near East Hazel Crest, IL?

About East Hazel Crest, IL

Number of homes for sale in East Hazel Crest, IL real estate market have reached 8. The number of homes for sale in East Hazel Crest, IL increased by 33.3% between April 2023 and May 2023. Listings spent 10 days on the market in May 2023, and had a median list price of $153,500 during the same period. Between April 2023 and May 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 17.3%, 3 bedrooms properties became 3.6% more cheaper, 4 bedrooms properties became 34.4% more expensive, the cost of 5 bedrooms properties have not changed. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory increased by 33.3%, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory increased by 100%. In May 2023, from all listings sold in East Hazel Crest, IL there were more than 2 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.