Is Massac County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Massac County was a Seller's Market.
Housing Prices in Massac County, IL
How much do homes in Massac County, IL cost?
Median Sold Price
$91,000
$73/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Massac County was $91,000 in May 2024, up 19.3% from last year, and the median price per square foot was $73.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $38.5K | $45K | +16.9% |
2 Bedrooms | $58K | $64.9K | +11.9% |
3 Bedrooms | $80K | $108K | +35.0% |
4 Bedrooms | $152K | $130K | -14.5% |
5+ Bedrooms | $395.5K | $242K | -38.8% |
Summary: Massac County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 35%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 38.8%.
Median Sold Price Compared To Nearby Counties
Pulaski County | $75.9K | $117.5K | +54.7% |
Johnson County | $153K | $191.5K | +25.2% |
Massac County | $76.3K | $91K | +19.3% |
Housing Supply in Massac County, IL
How many homes are available in Massac County, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 46 | +7.0% |
Summary: The Massac County real estate market had 46 homes for sale in May 2024, a 7.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Massac County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Massac County in May 2024, down by 25.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Massac County, IL
How long does it take to sell a home in Massac County, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
109 Days | 22 Days | -79.4% |
Summary: Homes in Massac County had an average of 22 days on market in May 2024, down by 79.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Massac County; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.