Is North Utica, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Utica is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, North Utica has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Utica, IL

How much do homes in North Utica, IL cost?

Median Sold Price

$257,500

$124/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$16,500(-6.0%)

Key Takeaway

Homes in North Utica have sold for 6% less than they did a month ago.

Summary: The median home sold price in North Utica was $257,500 in March 2024, down 6% from last month, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$250K
N/A
2 --
N/A
3 $274K-
N/A
4 -$265K
N/A
5+ --
N/A

Summary: North Utica 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Utica
+77.0%
Utica Township
+18.6%
North Utica
-6.0%

Housing Supply in North Utica, IL

How many homes are available in North Utica, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
45+25.0%

Summary: The North Utica real estate market had 5 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The North Utica 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 increased by 100%, 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
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 North Utica, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Utica in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for North Utica, IL

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

Average Sale Time

Feb 2024Mar 2024CHANGE
5 Days55 Days+1000.0%

Summary: Homes in North Utica had an average of 55 days on market in Mar 2024, up by 1000% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were 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 North Utica has remained consistent over time.

Summary: During March 2024, 2 homes were sold in North Utica; 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 24 Days Ago

Newest Listings in North Utica, IL

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