Burnham, IL
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
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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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