Is Printer's Row, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Printer's Row is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Printer's Row has remained a Seller's Market.

Key Takeaway

Printer's Row is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Printer's Row, IL

How much do homes in Printer's Row, IL cost?

Median Sold Price

$265,000

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$2,500(-0.9%)

Key Takeaway

Homes in Printer's Row have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Printer's Row was $265,000 in April 2024, down 0.9% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $224.2K$205K
-8.6%
2 $350K$344.9K
-1.5%
3 $604.5K$405K
-33.0%
4 -$679K
N/A
5+ --
N/A

Summary: Printer's Row housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 33%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Loop
+8.7%
Central
+4.9%
Printer's Row
-0.9%

Housing Supply in Printer's Row, IL

How many homes are available in Printer's Row, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4647+2.2%

Summary: The Printer's Row real estate market had 47 homes for sale in April 2024, a 2.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2628
+7.7%
2 1614
-12.5%
3 34
+33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Printer's Row housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Printer's Row, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Printer's Row in April 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for Printer's Row, IL

How long does it take to sell a home in Printer's Row, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
42 Days18 Days-56.9%

Summary: Homes in Printer's Row had an average of 18 days on market in Apr 2024, down by 56.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Printer's Row are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in Printer's Row; 88% of homes were sold within 30 days, 13% 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 3 Days Ago

Newest Listings in Printer's Row, IL

Nearby Markets to Printer's Row, IL