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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hebron is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Hebron was a Seller's Market.

Key Takeaway

Hebron is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hebron, IL

How much do homes in Hebron, IL cost?

Median Sold Price

$500,000

$131/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$248,500(+98.8%)

Key Takeaway

Homes in Hebron have sold for 98.8% more than they did a month ago.

Summary: The median home sold price in Hebron was $500,000 in March 2024, up 98.8% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $251.5K$500K
+98.8%
4 --
N/A
5+ --
N/A

Summary: Hebron housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 98.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hebron, IL

How many homes are available in Hebron, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
660.0%

Summary: The Hebron real estate market had 6 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Hebron 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 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 Hebron, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Hebron in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hebron, IL

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

Average Sale Time

Feb 2024Mar 2024CHANGE
13 Days2 Days-85.2%

Summary: Homes in Hebron had an average of 2 days on market in Mar 2024, down by 85.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Hebron; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 24 Days Ago

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