Is Anna, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anna is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Anna, IL

How much do homes in Anna, IL cost?

Median Sold Price

$129,500

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,500(-13.7%)

Key Takeaway

Homes in Anna have sold for 13.7% less than they did a year ago.

Summary: The median home sold price in Anna was $129,500 in November 2024, down 13.7% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $71.5K$74.8K
+4.6%
3 $152.5K$132.5K
-13.1%
4 $256.8K$207K
-19.4%
5+ $360K$225K
-37.5%

Summary: Anna housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 37.5%.

Housing Supply in Anna, IL

How many homes are available in Anna, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2227+22.7%

Summary: The Anna real estate market had 27 homes for sale in November 2024, a 22.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 99
0.0%
3 913
+44.4%
4 34
+33.3%
5+ 00
0.0%

Summary: The Anna 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 increased by 44.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

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 Anna, 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 Anna in November 2024, the same as the previous 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 Anna, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
60 Days119 Days+97.5%

Summary: Homes in Anna had an average of 119 days on market in Nov 2024, up by 97.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in Anna are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Anna; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Anna, IL

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