Is Hazel Crest, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Hazel Crest was a Seller's Market.
Housing Prices in Hazel Crest, IL
How much do homes in Hazel Crest, IL cost?
Median Sold Price
$180,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Hazel Crest was $180,000 in June 2024, up 16.1% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $50.2K | $55.7K | +10.9% |
2 Bedrooms | $110K | $89K | -19.1% |
3 Bedrooms | $154.9K | $177.5K | +14.6% |
4 Bedrooms | $225K | $232K | +3.1% |
5+ Bedrooms | $255.5K | $120K | -53.0% |
Summary: Hazel Crest housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.9%, 2 bedroom homes decreased by 19.1%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 53%.
Median Sold Price Compared To Nearby Cities
Markham | $136.5K | $164K | +20.1% |
Hazel Crest | $155K | $180K | +16.1% |
Country Club Hills | $185.4K | $195K | +5.1% |
Homewood | $230K | $239.6K | +4.2% |
Housing Supply in Hazel Crest, IL
How many homes are available in Hazel Crest, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
73 | 82 | +12.3% |
Summary: The Hazel Crest real estate market had 82 homes for sale in June 2024, a 12.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 46 | 46 | 0.0% |
4 Bedrooms | 20 | 26 | +30.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Hazel Crest housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
19 | 7 | -63.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Hazel Crest in June 2024, down by 63.2% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for Hazel Crest, IL
How long does it take to sell a home in Hazel Crest, IL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
33 Days | 59 Days | +79.6% |
Summary: Homes in Hazel Crest had an average of 59 days on market in Jun 2024, up by 79.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 7 homes were sold in Hazel Crest; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.