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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alexander County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Alexander County was a Seller's Market.

Key Takeaway

Alexander County 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 Alexander County, IL

How much do homes in Alexander County, IL cost?

Median Sold Price

$53,850

$38/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$91,150(-62.9%)

Key Takeaway

Homes in Alexander County have sold for 62.9% less than they did a month ago.

Summary: The median home sold price in Alexander County was $53,850 in October 2024, down 62.9% from last month, and the median price per square foot was $38.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $108K-
N/A
3 $155K$53.8K
-65.3%
4 --
N/A
5+ --
N/A

Summary: Alexander County housing prices by bedroom type for October 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 decreased by 65.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Alexander County, IL

How many homes are available in Alexander County, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1714-17.6%

Summary: The Alexander County real estate market had 14 homes for sale in October 2024, a 17.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 65
-16.7%
3 107
-30.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Alexander County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was 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 Alexander County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Alexander County in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Alexander County, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
18 Days13 Days-28.0%

Summary: Homes in Alexander County had an average of 13 days on market in Oct 2024, down by 28% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 Alexander County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Alexander County; 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 14 Days Ago

Newest Listings in Alexander County, IL

Nearby Markets to Alexander County, IL

What housing markets are near Alexander County, IL?