Is West Pullman, 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, West Pullman has remained a Seller's Market.
Housing Prices in West Pullman, IL
How much do homes in West Pullman, IL cost?
Median Sold Price
$151,500
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Pullman was $151,500 in April 2024, down 2.7% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $24.6K | - | N/A |
2 Bedrooms | $139.6K | $99.9K | -28.4% |
3 Bedrooms | $155K | $155K | 0.0% |
4 Bedrooms | $176.2K | $166K | -5.8% |
5+ Bedrooms | $183.9K | $196.2K | +6.7% |
Summary: West Pullman 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 28.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 6.7%.
Housing Supply in West Pullman, IL
How many homes are available in West Pullman, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
135 | 145 | +7.4% |
Summary: The West Pullman real estate market had 145 homes for sale in April 2024, a 7.4% 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 | 12 | 15 | +25.0% |
3 Bedrooms | 70 | 72 | +2.9% |
4 Bedrooms | 24 | 26 | +8.3% |
5+ Bedrooms | 29 | 32 | +10.3% |
Summary: The West Pullman 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 increased by 25%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 28 | -3.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in West Pullman in April 2024, down by 3.4% month-over-month. Of the 28 sold homes, 39% were sold under asking, 32% were sold at asking, and 29% were sold over asking.
Days on Market for West Pullman, IL
How long does it take to sell a home in West Pullman, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 40 Days | -42.6% |
Summary: Homes in West Pullman had an average of 40 days on market in Apr 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in West Pullman; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.