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

Housing Market Conditions



Gauge showing Flossmoor is a seller's market


Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Flossmoor, IL

How much do homes in Flossmoor, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since March 2023


Key Takeaway

Homes in Flossmoor have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in Flossmoor was $312,500 in March 2024, down 0.8% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
2 $181K$200K
3 $280K$272.5K
4 $352.5K$373.7K
5+ $475K$429.5K

Summary: Flossmoor 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 10.5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 9.6%.

Median Sold Price Compared To Nearby Cities

Hazel Crest
Chicago Heights
Rich Township

Housing Supply in Flossmoor, IL

How many homes are available in Flossmoor, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE

Summary: The Flossmoor real estate market had 42 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
2 34
3 1011
4 1621
5+ 76

Summary: The Flossmoor 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 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were 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. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Flossmoor in March 2024, up by 42.9% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Flossmoor, IL

How long does it take to sell a home in Flossmoor, IL?

Average Sale Time

Mar 2023Mar 2024CHANGE
73 Days66 Days-8.8%

Summary: Homes in Flossmoor had an average of 66 days on market in Mar 2024, down by 8.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were 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.

Summary: During March 2024, 10 homes were sold in Flossmoor; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 40% 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 20 Days Ago

Newest Listings in Flossmoor, IL

Nearby Markets to Flossmoor, IL

What housing markets are near Flossmoor, IL?