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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saybrook is a seller's market

Buyer's
Market

Difference Since January 2022

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

Key Takeaway

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

How much do homes in Saybrook, IL cost?

Median Sold Price

$100,000

$63/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$32,750(+48.7%)

Key Takeaway

Homes in Saybrook have sold for 48.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $53K$109K
+105.7%
3 $93.5K$80K
-14.4%
4 $89.9K$140K
+55.6%
5+ $165K-
N/A

Median Sold Price Compared To Nearby Cities

Saybrook
+48.7%
Cheney's Grove Township
-9.6%

How many homes are available in Saybrook, IL?

Number of Homes For Sale

Dec 2022Jan 2023%
65-16.7%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
12+100.0%

Asking Price vs. Sold Price

0 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 Saybrook, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Jan 2022Jan 2023%
64 Days207 Days+224.2%

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Saybrook has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Saybrook, IL

Saybrook, IL has 5 homes on the market. The inventory of homes for sale in Saybrook, IL between December 2022 and January 2023 decreased by 16.7%. In January 2023 median list price was $100,000 and the average listing age was 207 days. This housing market listing prices have changed between December 2022 and January 2023: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 105.7%, the cost of 3 bedrooms properties went down by 14.4%, 4 bedrooms properties prices increased by 55.6%, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes stayed the same, number of 3 bedrooms homes decreased by 25%, 4 bedrooms homes inventory did not change, volume of 5 bedrooms homes stayed the same. In January 2023, from all listings sold in Saybrook, IL there were more than 1 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price.