Housing Prices in Melody Lane, IL
How much do homes in Melody Lane, IL cost?
Median List Price
$280,000
$170/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in Melody Lane was $280,000 in March 2024, down 17% from the previous year, and the median price per square foot was $170.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $325K | - | N/A |
4 Bedrooms | $349.9K | $280K | -20.0% |
5+ Bedrooms | - | - | N/A |
Summary: Melody Lane housing prices by bedroom type for March 2024 compared to the previous year: 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 decreased by 20%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
Lilac Gardens | $315K | $339.9K | +7.9% |
Lombard Park Manor | $316K | $329.9K | +4.4% |
Melody Lane | $337.4K | $280K | -17.0% |
Housing Supply in Melody Lane, IL
How many homes are available in Melody Lane, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Summary: The Melody Lane real estate market had 1 homes for sale in March 2024, a 100.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Melody Lane 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 increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Melody Lane, IL
How long does it take to sell a home in Melody Lane, IL?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
91 Days | 12 Days | -86.8% |
Summary: Homes in Melody Lane had an average listing age of 12 days in Mar 2024, down by 86.8% compared to the previous year.