Housing Prices in Royal Melbourne, IL
How much do homes in Royal Melbourne, IL cost?
Median List Price
$1,195,000
$218/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in Royal Melbourne was $1,195,000 in March 2024, up 4% from the previous year, and the median price per square foot was $218.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | $1.2M | $1.0M | -15.2% |
5+ Bedrooms | $1.0M | $1.1M | +9.1% |
Summary: Royal Melbourne housing prices by bedroom type for March 2024 compared to the previous year: 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 decreased by 15.2%, and 5+ bedroom homes increased by 9.1%.
Median List Price Compared To Nearby Neighborhoods
Preserves at Long Grove | $889.4K | $1.3M | +54.6% |
Oak Hills | $689.4K | $875K | +26.9% |
Royal Melbourne | $1.1M | $1.1M | +4.0% |
Housing Supply in Royal Melbourne, IL
How many homes are available in Royal Melbourne, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Summary: The Royal Melbourne real estate market had 2 homes for sale in March 2024, a 100.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Royal Melbourne 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 increased by 100%.
Days on Market for Royal Melbourne, IL
How long does it take to sell a home in Royal Melbourne, IL?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
63 Days | 31 Days | -50.8% |
Summary: Homes in Royal Melbourne had an average listing age of 31 days in Mar 2024, down by 50.8% compared to the previous year.