Is Stone Park, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Stone Park has remained a Seller's Market.
Housing Prices in Stone Park, IL
How much do homes in Stone Park, IL cost?
Median Sold Price
$291,250
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stone Park was $291,250 in April 2024, down 0.1% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $235K | $195K | -17.0% |
3 Bedrooms | $207.5K | $230K | +10.8% |
4 Bedrooms | $387.5K | $395K | +1.9% |
5+ Bedrooms | $300K | $310K | +3.3% |
Summary: Stone Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
Northlake | $253.1K | $285K | +12.6% |
Leyden Township | $280K | $304.9K | +8.9% |
Proviso Township | $284.9K | $295K | +3.5% |
Melrose Park | $291K | $300K | +3.1% |
Stone Park | $291.5K | $291.2K | -0.1% |
Housing Supply in Stone Park, IL
How many homes are available in Stone Park, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Summary: The Stone Park real estate market had 11 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Stone 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 increased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Stone Park in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Stone Park, IL
How long does it take to sell a home in Stone Park, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
93 Days | 27 Days | -70.3% |
Summary: Homes in Stone Park had an average of 27 days on market in Apr 2024, down by 70.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Stone Park; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.