$711 Closing Credit*
$59,900
624 SqFt
2 Beds
•1 Full Bath
Daisy Bouillon, Listing Office: Sunflower Real Estate Group, L
Is North Pekin, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, North Pekin has remained a Seller's Market.
Key Takeaway
North Pekin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Pekin, IL
How much do homes in North Pekin, IL cost?
Median Sold Price
$60,000
$25/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
-$117,500(-66.2%)
Key Takeaway
Homes in North Pekin have sold for 66.2% less than they did a month ago.
Summary: The median home sold price in North Pekin was $60,000 in September 2024, down 66.2% from last month, and the median price per square foot was $25.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $177.5K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $60K | N/A |
Summary: North Pekin housing prices by bedroom type for September 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 North Pekin, IL
How many homes are available in North Pekin, IL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The North Pekin real estate market had 5 homes for sale in September 2024, a 16.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The North Pekin housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Pekin, 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 North Pekin in September 2024, down by 66.7% month-over-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 North Pekin, IL
How long does it take to sell a home in North Pekin, IL?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 Days | 7 Days | +90.9% |
Summary: Homes in North Pekin had an average of 7 days on market in Sep 2024, up by 90.9% 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
Key Takeaway
Many homes in North Pekin are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 1 homes were sold in North Pekin; 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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.