Is Horatio Gardens, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Horatio Gardens is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Horatio Gardens has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Horatio Gardens, IL

How much do homes in Horatio Gardens, IL cost?

Median Sold Price

$394,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$86,000(-17.9%)

Key Takeaway

Homes in Horatio Gardens have sold for 17.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$394K
N/A
4 $480K-
N/A
5+ --
N/A

Summary: Horatio Gardens housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Horatio Gardens, IL

How many homes are available in Horatio Gardens, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
63-50.0%

Summary: The Horatio Gardens real estate market had 3 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 41
-75.0%
5+ 00
0.0%

Summary: The Horatio Gardens housing inventory by bedroom type for April 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 decreased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

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 Horatio Gardens, 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 Horatio Gardens in April 2024, down by 66.7% 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 Horatio Gardens, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
12 Days15 Days+21.6%

Summary: Homes in Horatio Gardens had an average of 15 days on market in Apr 2024, up by 21.6% 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 Horatio Gardens are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Horatio Gardens; 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 5 Days Ago

Newest Listings in Horatio Gardens, IL

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