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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flossmoor is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Flossmoor has remained a Seller's Market.

Key Takeaway

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

How much do homes in Flossmoor, IL cost?

Median Sold Price

$276,950

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$36,950(+15.4%)

Key Takeaway

Homes in Flossmoor have sold for 15.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $58K$68K
+17.2%
2 $131.5K$167.5K
+27.4%
3 $205K$250K
+22.0%
4 $278K$302.5K
+8.8%
5+ $351K$375K
+6.8%

Median Sold Price Compared To Nearby Cities

Hazel Crest
+28.0%
Olympia Fields
+26.1%
Homewood
+19.8%
Flossmoor
+15.4%
Rich Township
+14.6%

How many homes are available in Flossmoor, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
7464-13.5%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 11
0.0%
2 75
-28.6%
3 2627
+3.8%
4 3021
-30.0%
5+ 1010
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
2124+14.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Flossmoor, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
36 Days33 Days-7.8%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Flossmoor, IL

There are 64 homes are for sale in Flossmoor, IL real estate market. The number of homes for sale in Flossmoor, IL decreased by 13.5% between November 2021 and December 2021. In December 2021 median list price was $276,950 and the average listing age was 33 days. Between November 2021 and December 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 17.2%, the cost of 2 bedrooms properties went up by 27.4%, prices of 3 bedrooms properties went up by 22%, 4 bedrooms properties prices increased by 8.8%, the cost of 5 bedrooms properties went up by 6.8%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 28.6%, volume of 3 bedrooms homes went up by 3.8%, 4 bedrooms homes inventory decreased by 30%, the quantity of 5 bedrooms homes have not changed. Flossmoor, IL housing market in December 2021 saw over 12 listings sold above listed price, more than 5 sold at listed price and over 7 sold below.

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