Is Durand, IL 61024 a buyer’s or seller’s market?
Durand is a seller’s market. With about 3.2 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.2Under 4 months = seller’s market
Sold above original list28.6%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$161▲ +56.5% vs. last year
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Nearby markets
Cherry Valley 61016Seller’s market $175 /sq ftLoves Park 61111Seller’s market $149 /sq ftMachesney Park 61115Seller’s market $151 /sq ftPecatonica 61063Seller’s market $158 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology