Is Pinckneyville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Pinckneyville was a Buyer's Market.
Key Takeaway
Pinckneyville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pinckneyville, IL
How much do homes in Pinckneyville, IL cost?
Median Sold Price
$125,000
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pinckneyville have sold for 11.7% less than they did a year ago.
Summary: The median home sold price in Pinckneyville was $125,000 in April 2024, down 11.7% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $35.9K | +2.7% |
| 2 Bedrooms | $64.5K | $81K | +25.6% |
| 3 Bedrooms | $158.9K | $146.7K | -7.7% |
| 4 Bedrooms | $164.4K | $230K | +39.9% |
| 5+ Bedrooms | - | $278.9K | N/A |
Summary: Pinckneyville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 25.6%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 39.9%, and 5+ bedroom homes did not change.
Housing Supply in Pinckneyville, IL
How many homes are available in Pinckneyville, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The Pinckneyville real estate market had 24 homes for sale in April 2024, a 9.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pinckneyville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pinckneyville, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Pinckneyville in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for Pinckneyville, IL
How long does it take to sell a home in Pinckneyville, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 69 Days | 44 Days | -35.8% |
Summary: Homes in Pinckneyville had an average of 44 days on market in Apr 2024, down by 35.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pinckneyville has remained consistent over time.
Summary: During April 2024, 8 homes were sold in Pinckneyville; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.