Is Beecher, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Beecher was a Neutral Market.
Housing Prices in Beecher, IL
How much do homes in Beecher, IL cost?
Median Sold Price
$285,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Beecher was $285,000 in April 2024, up 10.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128.8K | $630K | +389.1% |
2 Bedrooms | $187.5K | $240K | +28.0% |
3 Bedrooms | $266.5K | $286K | +7.3% |
4 Bedrooms | $329.9K | $310.2K | -5.9% |
5+ Bedrooms | - | $452.5K | N/A |
Summary: Beecher housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 389.1%, 2 bedroom homes increased by 28%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Beecher | $258K | $285K | +10.5% |
Washington Township | $246K | $225.5K | -8.3% |
Housing Supply in Beecher, IL
How many homes are available in Beecher, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 31 | +19.2% |
Summary: The Beecher real estate market had 31 homes for sale in April 2024, a 19.2% 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 | 1 | 3 | +200.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Beecher 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 200%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Beecher in April 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Beecher, IL
How long does it take to sell a home in Beecher, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 18 Days | 0.0% |
Summary: Homes in Beecher had an average of 18 days on market in Apr 2024, the same as last year.
Breakdown of Home Sale Times
5 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, 6 homes were sold in Beecher; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.