Is Stillman Valley, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stillman Valley is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Stillman Valley has remained a Seller's Market.

Key Takeaway

Stillman Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Stillman Valley, IL

How much do homes in Stillman Valley, IL cost?

Median Sold Price

$247,500

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$61,000(+32.7%)

Key Takeaway

Homes in Stillman Valley have sold for 32.7% more than they did a year ago.

Summary: The median home sold price in Stillman Valley was $247,500 in May 2024, up 32.7% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$75K
N/A
2 $108K$133K
+23.1%
3 $179K$225K
+25.7%
4 $250K-
N/A
5+ -$433K
N/A

Summary: Stillman Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 25.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stillman Valley
+32.7%
Scott Township
+23.8%
Marion Township
+5.1%

Housing Supply in Stillman Valley, IL

How many homes are available in Stillman Valley, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1011+10.0%

Summary: The Stillman Valley real estate market had 11 homes for sale in May 2024, a 10.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 56
+20.0%
4 23
+50.0%
5+ 10
-100.0%

Summary: The Stillman Valley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stillman Valley, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Stillman Valley in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Stillman Valley, IL

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

Average Sale Time

May 2023May 2024CHANGE
45 Days23 Days-47.2%

Summary: Homes in Stillman Valley had an average of 23 days on market in May 2024, down by 47.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 4 homes were sold in Stillman Valley; 75% of homes were sold within 30 days, 25% 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 Stillman Valley, IL

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