Is Calhoun County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Calhoun County is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Calhoun County was a Seller's Market.

Key Takeaway

Calhoun County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Calhoun County, IL

How much do homes in Calhoun County, IL cost?

Median Sold Price

$178,500

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$24,800(+16.1%)

Key Takeaway

Homes in Calhoun County have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in Calhoun County was $178,500 in May 2024, up 16.1% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $57.5K$59K
+2.6%
2 $130K$125K
-3.8%
3 $117K$190.5K
+62.8%
4 $340K$450K
+32.4%
5+ $649K-
N/A

Summary: Calhoun County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 62.8%, 4 bedroom homes increased by 32.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Greene County
+18.1%
Calhoun County
+16.1%
Jersey County
+8.7%
Saint Charles County
+6.4%

Housing Supply in Calhoun County, IL

How many homes are available in Calhoun County, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1215+25.0%

Summary: The Calhoun County real estate market had 15 homes for sale in May 2024, a 25.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 59
+80.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Calhoun County 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 decreased by 33.3%, 3 bedroom homes increased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Calhoun County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Calhoun County in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Calhoun County, IL

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

Average Sale Time

May 2023May 2024CHANGE
4 Days155 Days+3775.0%

Summary: Homes in Calhoun County had an average of 155 days on market in May 2024, up by 3775% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Calhoun County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 1 homes were sold in Calhoun County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 1 Day Ago

Newest Listings in Calhoun County, IL

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