Is Breese, 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, Breese has remained a Seller's Market.
Key Takeaway
Breese is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Breese, IL
How much do homes in Breese, IL cost?
Median Sold Price
$240,500
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Breese have sold for 29.1% more than they did a year ago.
Summary: The median home sold price in Breese was $240,500 in April 2024, up 29.1% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $47K | - | N/A |
| 2 Bedrooms | $154.9K | $196K | +26.5% |
| 3 Bedrooms | $194K | $240K | +23.7% |
| 4 Bedrooms | $229.9K | $241K | +4.8% |
| 5+ Bedrooms | $190K | $262.5K | +38.2% |
Summary: Breese 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 increased by 26.5%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 38.2%.
Median Sold Price Compared To Nearby Cities
| Breese | $186.2K | $240.5K | +29.1% |
| Breese Township | $191.5K | $240.5K | +25.6% |
Housing Supply in Breese, IL
How many homes are available in Breese, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Summary: The Breese real estate market had 8 homes for sale in April 2024, a 27.3% decrease 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 | 7 | 6 | -14.3% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Breese 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 decreased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Breese, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Breese in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Breese, IL
How long does it take to sell a home in Breese, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 61 Days | 38 Days | -38.2% |
Summary: Homes in Breese had an average of 38 days on market in Apr 2024, down by 38.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Breese has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Breese; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.