Is Thornton, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Thornton was a Seller's Market.
Housing Prices in Thornton, IL
How much do homes in Thornton, IL cost?
Median Sold Price
$185,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Thornton was $185,000 in June 2024, up 14.2% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $165K | $169.8K | +3.0% |
3 Bedrooms | $156.5K | $185K | +18.2% |
4 Bedrooms | $208K | $235K | +13.0% |
5+ Bedrooms | $175K | $259.9K | +48.5% |
Summary: Thornton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 48.5%.
Median Sold Price Compared To Nearby Cities
Thornton | $162K | $185K | +14.2% |
Thornton Township | $157.7K | $164.8K | +4.5% |
Homewood | $230K | $239.6K | +4.2% |
South Holland | $220K | $228.7K | +4.0% |
Housing Supply in Thornton, IL
How many homes are available in Thornton, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Summary: The Thornton real estate market had 9 homes for sale in June 2024, a 10.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Thornton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Thornton in June 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Thornton, IL
How long does it take to sell a home in Thornton, IL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
49 Days | 8 Days | -83.9% |
Summary: Homes in Thornton had an average of 8 days on market in Jun 2024, down by 83.9% compared to last year.
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
Summary: During June 2024, 1 homes were sold in Thornton; 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.