Is Hazel Crest, 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, Hazel Crest was a Seller's Market.
Housing Prices in Hazel Crest, IL
How much do homes in Hazel Crest, IL cost?
Median Sold Price
$171,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hazel Crest was $171,000 in April 2024, up 10.3% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $47.2K | $54K | +14.3% |
2 Bedrooms | $88.9K | $145K | +63.0% |
3 Bedrooms | $155K | $165K | +6.5% |
4 Bedrooms | $223.2K | $229.5K | +2.8% |
5+ Bedrooms | $255.5K | $217K | -15.1% |
Summary: Hazel Crest housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 63%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 15.1%.
Median Sold Price Compared To Nearby Cities
Markham | $140K | $157.8K | +12.8% |
Hazel Crest | $155K | $171K | +10.3% |
Homewood | $230.4K | $240K | +4.2% |
Country Club Hills | $195.5K | $189.9K | -2.9% |
Housing Supply in Hazel Crest, IL
How many homes are available in Hazel Crest, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 79 | +11.3% |
Summary: The Hazel Crest real estate market had 79 homes for sale in April 2024, a 11.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 47 | 50 | +6.4% |
4 Bedrooms | 14 | 20 | +42.9% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hazel Crest 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 decreased by 20%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Hazel Crest in April 2024, up by 33.3% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Hazel Crest, IL
How long does it take to sell a home in Hazel Crest, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 42 Days | +42.1% |
Summary: Homes in Hazel Crest had an average of 42 days on market in Apr 2024, up by 42.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Hazel Crest; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.