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

Housing Market Conditions



Gauge showing Flossmoor is a buyer's market


Difference Since February 2022

At the same time last year, Flossmoor was a Seller's Market.

Key Takeaway

Flossmoor is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Flossmoor, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in Flossmoor have sold for 8.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $70K-
2 $190K$181K
3 $253K$280K
4 $306K$352.5K
5+ $379.9K$475K

Median Sold Price Compared To Nearby Cities

Rich Township
Chicago Heights
Hazel Crest

How many homes are available in Flossmoor, IL?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
2 00
3 1312
4 1412
5+ 56

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

3 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 Flossmoor, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
26 Days70 Days+163.4%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Flossmoor, IL

There are 30 homes are for sale in Flossmoor, IL real estate market. The number of listings in Flossmoor, IL decreased by 6.3% between January 2023 and February 2023. While the average time on the market in February 2023 was 70 days, the median list price was $308,000. Real estate listing prices changed between January 2023 and February 2023: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went down by 4.7%, 3 bedrooms properties became 10.7% more expensive, prices of 4 bedrooms properties increased by 15.2%, the cost of 5 bedrooms properties went up by 25%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 7.7% less available, 4 bedrooms homes became 14.3% less available, the quantity of 5 bedrooms homes went up by 20%. Flossmoor, IL housing market in February 2023 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 3 sold below.

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