Burnham, IL

Buyer's market-31.3% YoY

Housing market overview · Updated weekly

$165,000median sale price

Homes sold

1

Last 12 weeks

Days on market

221

Average pace

Active listings

11

11.0 months supply

Sale-to-list

97.6%

Below asking

The Burnham housing market is currently classified as a buyer's market with a median sale price of $165,000. Prices have fallen 31.3% compared to last year, with homes spending an average of 221 days on market, indicating 11.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Burnham

There are currently 11 homes listed for sale in Burnham, Illinois. The median listing price is $175K.

Active listings

11

Homes on market

Median list price

$175K

Avg. days on market

221

Days until sale

New this week

2

Newly listed

Price drops:9.1%of listings
Sale-to-list:97.6%

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Frequently asked questions

What is the average home price in Burnham?

The median home sale price in Burnham is $165,000, down 31.3% from last year.

How long do homes stay on market in Burnham?

Homes typically spend 221 days on market before going under contract.

Is Burnham a buyer's or seller's market?

With 11.0 months of supply, Burnham is currently a buyer's market.

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