Is Robbins, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Robbins is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Robbins was a Neutral Market.

Key Takeaway

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

Housing Prices in Robbins, IL

How much do homes in Robbins, IL cost?

Median Sold Price

$96,250

$61/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$40,750(-29.7%)

Key Takeaway

Homes in Robbins have sold for 29.7% less than they did a month ago.

Summary: The median home sold price in Robbins was $96,250 in March 2024, down 29.7% from last month, and the median price per square foot was $61.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $137K$96.2K
-29.7%
4 --
N/A
5+ --
N/A

Summary: Robbins 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 decreased by 29.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Robbins, IL

How many homes are available in Robbins, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
12120.0%

Summary: The Robbins real estate market had 12 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1111
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Robbins 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 remained the same, 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
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Robbins in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Robbins, IL

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

Average Sale Time

Feb 2024Mar 2024CHANGE
100 Days43 Days-56.8%

Summary: Homes in Robbins had an average of 43 days on market in Mar 2024, down by 56.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 4 homes were sold in Robbins; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in Robbins, IL

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