Is Mallinckrodt in the Park, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mallinckrodt in the Park is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mallinckrodt in the Park has remained a Seller's Market.

Key Takeaway

Mallinckrodt in the Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mallinckrodt in the Park, IL

How much do homes in Mallinckrodt in the Park, IL cost?

Median Sold Price

$620,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

+$30,000(+5.1%)

Key Takeaway

Homes in Mallinckrodt in the Park have sold for 5.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $590K$620K
+5.1%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Mallinckrodt in the Park 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 increased by 5.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mallinckrodt in the Park, IL

How many homes are available in Mallinckrodt in the Park, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
220.0%

Summary: The Mallinckrodt in the Park real estate market had 2 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

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

Summary: The Mallinckrodt in the Park 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mallinckrodt in the Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Mallinckrodt in the Park in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mallinckrodt in the Park, IL

How long does it take to sell a home in Mallinckrodt in the Park, IL?

Average Sale Time

Mar 2024Apr 2024CHANGE
160 Days36 Days-77.5%

Summary: Homes in Mallinckrodt in the Park had an average of 36 days on market in Apr 2024, down by 77.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mallinckrodt in the Park has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Mallinckrodt in the Park; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

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