Is Sauk Village, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sauk Village was a Seller's Market.
Housing Prices in Sauk Village, IL
How much do homes in Sauk Village, IL cost?
Median Sold Price
$145,450
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sauk Village was $145,450 in March 2024, up 0.3% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $15K | N/A |
2 Bedrooms | $99K | $134K | +35.4% |
3 Bedrooms | $138K | $141K | +2.2% |
4 Bedrooms | $170K | $160K | -5.9% |
5+ Bedrooms | $215K | $234.9K | +9.3% |
Summary: Sauk Village 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 increased by 35.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
Lynwood | $260K | $299K | +15.0% |
Bloom Township | $184.9K | $194.9K | +5.4% |
Steger | $154.9K | $161K | +3.9% |
Sauk Village | $145K | $145.4K | 0.3% |
Housing Supply in Sauk Village, IL
How many homes are available in Sauk Village, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 53 | -7.0% |
Summary: The Sauk Village real estate market had 53 homes for sale in March 2024, a 7.0% decrease 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 | 3 | 2 | -33.3% |
3 Bedrooms | 45 | 42 | -6.7% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Sauk Village 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 decreased by 33.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 7 | -63.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Sauk Village in March 2024, down by 63.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Sauk Village, IL
How long does it take to sell a home in Sauk Village, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 28 Days | -48.1% |
Summary: Homes in Sauk Village had an average of 28 days on market in Mar 2024, down by 48.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Sauk Village; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.