Is Fulton Market, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fulton Market was a Buyer's Market.
Housing Prices in Fulton Market, IL
How much do homes in Fulton Market, IL cost?
Median Sold Price
$810,000
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fulton Market was $810,000 in April 2024, up 24.8% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $352.5K | $352.4K | 0% |
2 Bedrooms | $530K | $589.5K | +11.2% |
3 Bedrooms | $999K | $1.1M | +10.1% |
4 Bedrooms | $1.4M | $3.0M | +112.2% |
5+ Bedrooms | $1.0M | $2.8M | +185.0% |
Summary: Fulton Market housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 112.2%, and 5+ bedroom homes increased by 185%.
Median Sold Price Compared To Nearby Neighborhoods
Fulton Market | $649K | $810K | +24.8% |
Noble Square | $531K | $627.5K | +18.2% |
River West | $465K | $520.2K | +11.9% |
Fulton River District | $433.5K | $470K | +8.4% |
Greektown | $442.5K | $460K | +4.0% |
Housing Supply in Fulton Market, IL
How many homes are available in Fulton Market, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 83 | +38.3% |
Summary: The Fulton Market real estate market had 83 homes for sale in April 2024, a 38.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 16 | +100.0% |
2 Bedrooms | 24 | 32 | +33.3% |
3 Bedrooms | 21 | 24 | +14.3% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Fulton Market housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Fulton Market in April 2024, up by 25.0% month-over-month. Of the 15 sold homes, 47% were sold under asking, 33% were sold at asking, and 20% were sold over asking.
Days on Market for Fulton Market, IL
How long does it take to sell a home in Fulton Market, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 42 Days | +30.7% |
Summary: Homes in Fulton Market had an average of 42 days on market in Apr 2024, up by 30.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Fulton Market; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.