Is Plymouth Farms, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plymouth Farms is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Plymouth Farms has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Plymouth Farms, IL

How much do homes in Plymouth Farms, IL cost?

Median Sold Price

$195,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$21,000(+12.1%)

Key Takeaway

Homes in Plymouth Farms have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in Plymouth Farms was $195,000 in April 2024, up 12.1% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $165K$170K
+3.0%
3 $174K$215K
+23.6%
4 $415K$434K
+4.6%
5+ --
N/A

Summary: Plymouth Farms 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 increased by 3%, 3 bedroom homes increased by 23.6%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes did not change.

Housing Supply in Plymouth Farms, IL

How many homes are available in Plymouth Farms, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
75-28.6%

Summary: The Plymouth Farms real estate market had 5 homes for sale in April 2024, a 28.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 42
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Plymouth Farms 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plymouth Farms, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Plymouth Farms in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Plymouth Farms, IL

How long does it take to sell a home in Plymouth Farms, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
1 Day4 Days+300.0%

Summary: Homes in Plymouth Farms had an average of 4 days on market in Apr 2024, up by 300% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Plymouth Farms are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Plymouth Farms; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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