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 seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Alexander County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Alexander County, IL

How much do homes in Alexander County, IL cost?

Median Sold Price

$68,500

$47/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$6,500(-8.7%)

Key Takeaway

Homes in Alexander County have sold for 8.7% less than they did a month ago.

Summary: The median home sold price in Alexander County was $68,500 in November 2024, down 8.7% from last month, and the median price per square foot was $47.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$125K
N/A
3 $75K$38K
-49.3%
4 --
N/A
5+ --
N/A

Summary: Alexander County housing prices by bedroom type for November 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 49.3%, 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

Oct 2024Nov 2024CHANGE
1312-7.7%

Summary: The Alexander County real estate market had 12 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 55
0.0%
3 75
-28.6%
4 01
+100.0%
5+ 00
0.0%

Summary: The Alexander County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Alexander County in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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

Oct 2024Nov 2024CHANGE
188 Days113 Days-39.9%

Summary: Homes in Alexander County had an average of 113 days on market in Nov 2024, down by 39.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Alexander County; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 22 Days Ago

Newest Listings in Alexander County, IL

Nearby Markets to Alexander County, IL

What housing markets are near Alexander County, IL?