Is Arrowsmith, IL 61722 a buyer’s or seller’s market?
Arrowsmith is a seller’s market. With about 3.2 months of supply and 100% 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 list99.9%Share of sales, last 3 months
Median sale-to-list102.8%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$114▼ −16.2% vs. last year
Run the numbers for 61722
Nearby markets
Anchor 61720 $124 /sq ftBellflower 61724Seller’s market $182 /sq ftBloomington 61701Seller’s market $114 /sq ftBloomington 61704Seller’s market $117 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology