Is Country Club Hills, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Country Club Hills is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Country Club Hills has remained a Seller's Market.

Key Takeaway

Country Club Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Country Club Hills, IL

How much do homes in Country Club Hills, IL cost?

Median Sold Price

$191,500

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$1,600(+0.8%)

Key Takeaway

Homes in Country Club Hills have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Country Club Hills was $191,500 in May 2024, up 0.8% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $270K$45K
-83.3%
2 $145K$128K
-11.7%
3 $189.9K$185K
-2.6%
4 $212.5K$210K
-1.2%
5+ $257K$296.6K
+15.4%

Summary: Country Club Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 83.3%, 2 bedroom homes decreased by 11.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 15.4%.

Median Sold Price Compared To Nearby Cities

Hazel Crest
+16.1%
Bremen Township
+4.8%
Flossmoor
+4.0%
Country Club Hills
+0.8%
Rich Township
-4.8%

Housing Supply in Country Club Hills, IL

How many homes are available in Country Club Hills, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
124126+1.6%

Summary: The Country Club Hills real estate market had 126 homes for sale in May 2024, a 1.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 20
-100.0%
2 1314
+7.7%
3 6466
+3.1%
4 3739
+5.4%
5+ 87
-12.5%

Summary: The Country Club Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
28280.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Country Club Hills, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Country Club Hills in May 2024, the same as the previous month. Of the 28 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for Country Club Hills, IL

How long does it take to sell a home in Country Club Hills, IL?

Average Sale Time

May 2023May 2024CHANGE
37 Days22 Days-39.6%

Summary: Homes in Country Club Hills had an average of 22 days on market in May 2024, down by 39.6% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Country Club Hills are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 28 homes were sold in Country Club Hills; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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