Is Gardner, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gardner is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Gardner was a Seller's Market.

Key Takeaway

Gardner is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Gardner, IL

How much do homes in Gardner, IL cost?

Median Sold Price

$180,000

-

Based on all homes sold in May 2024.

Difference Since Last Month

+$67,500(+60.0%)

Key Takeaway

Homes in Gardner have sold for 60% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $20K-
N/A
2 -$180K
N/A
3 $205K-
N/A
4 --
N/A
5+ --
N/A

Summary: Gardner housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Gardner
+60.0%
Garfield Township
+60.0%
Greenfield Township
-40.7%

Housing Supply in Gardner, IL

How many homes are available in Gardner, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
660.0%

Summary: The Gardner real estate market had 6 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 11
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Gardner housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gardner, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Gardner in May 2024, down by 50.0% month-over-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 Gardner, IL

How long does it take to sell a home in Gardner, IL?

Average Sale Time

Apr 2024May 2024CHANGE
21 Days9 Days-57.1%

Summary: Homes in Gardner had an average of 9 days on market in May 2024, down by 57.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gardner are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Gardner; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Gardner, IL

Nearby Markets to Gardner, IL

What housing markets are near Gardner, IL?