Is Oglesby, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Oglesby has remained a Seller's Market.
Housing Prices in Oglesby, IL
How much do homes in Oglesby, IL cost?
Median Sold Price
$125,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oglesby was $125,000 in April 2024, up 21.4% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $46K | - | N/A |
2 Bedrooms | $103K | $98.5K | -4.4% |
3 Bedrooms | $100K | $139K | +39.0% |
4 Bedrooms | $131.5K | $212.5K | +61.6% |
5+ Bedrooms | $345.5K | $290K | -16.1% |
Summary: Oglesby housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 39%, 4 bedroom homes increased by 61.6%, and 5+ bedroom homes decreased by 16.1%.
Median Sold Price Compared To Nearby Cities
Deer Park Township | $180K | $575.5K | +219.7% |
Oglesby | $103K | $125K | +21.4% |
LaSalle Township | $110K | $108K | -1.8% |
Housing Supply in Oglesby, IL
How many homes are available in Oglesby, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Summary: The Oglesby real estate market had 12 homes for sale in April 2024, a 7.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oglesby 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Oglesby in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Oglesby, IL
How long does it take to sell a home in Oglesby, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
191 Days | 14 Days | -92.3% |
Summary: Homes in Oglesby had an average of 14 days on market in Apr 2024, down by 92.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Oglesby; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.