Is Robbins, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Robbins was a Seller's Market.
Housing Prices in Robbins, IL
How much do homes in Robbins, IL cost?
Median Sold Price
$110,000
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Robbins was $110,000 in May 2024, up 17% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $60K | $4.9K | -91.8% |
3 Bedrooms | $107.5K | $112.5K | +4.7% |
4 Bedrooms | $29.2K | $50K | +70.9% |
5+ Bedrooms | - | $275K | N/A |
Summary: Robbins housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 91.8%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 70.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Robbins | $94K | $110K | +17.0% |
Crestwood | $155.4K | $169.9K | +9.3% |
Bremen Township | $210K | $220.1K | +4.8% |
Midlothian | $212.5K | $220.6K | +3.8% |
Blue Island | $199.9K | $198.5K | -0.7% |
Housing Supply in Robbins, IL
How many homes are available in Robbins, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Summary: The Robbins real estate market had 13 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Robbins housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Robbins in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Robbins, IL
How long does it take to sell a home in Robbins, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 72 Days | +251.2% |
Summary: Homes in Robbins had an average of 72 days on market in May 2024, up by 251.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Robbins; 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.