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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Robbins Park is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Robbins Park has remained a Neutral Market.

Key Takeaway

Robbins Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Robbins Park, IL

How much do homes in Robbins Park, IL cost?

Median Sold Price

$2,000,000

$328/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$2,425,000(-54.8%)

Key Takeaway

Homes in Robbins Park have sold for 54.8% less than they did a month ago.

Summary: The median home sold price in Robbins Park was $2,000,000 in April 2024, down 54.8% from last month, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $4.4M-
N/A
5+ -$2.0M
N/A

Summary: Robbins Park housing prices by bedroom type for April 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.

Housing Supply in Robbins Park, IL

How many homes are available in Robbins Park, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
660.0%

Summary: The Robbins Park real estate market had 6 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 21
-50.0%
5+ 45
+25.0%

Summary: The Robbins Park 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Park, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Robbins Park in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Robbins Park, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
2 Days6 Days+200.0%

Summary: Homes in Robbins Park had an average of 6 days on market in Apr 2024, up by 200% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Robbins Park are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Robbins Park; 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 7 Days Ago

Newest Listings in Robbins Park, IL

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