Is Athens North No. 2, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Athens North No. 2 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Athens North No. 2 has remained a Seller's Market.

Key Takeaway

Athens North No. 2 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Athens North No. 2, IL

How much do homes in Athens North No. 2, IL cost?

Median Sold Price

$174,900

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,100(-2.8%)

Key Takeaway

Homes in Athens North No. 2 have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Athens North No. 2 was $174,900 in October 2024, down 2.8% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $175K$54K
-69.1%
3 $180K$174.9K
-2.8%
4 $208.2K$200K
-3.9%
5+ $296K-
N/A

Summary: Athens North No. 2 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 69.1%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Athens South No. 1
+82.1%
Athens
+13.4%
Athens North No. 2
-2.8%
Fancy Creek Township
-11.5%

Housing Supply in Athens North No. 2, IL

How many homes are available in Athens North No. 2, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
711+57.1%

Summary: The Athens North No. 2 real estate market had 11 homes for sale in October 2024, a 57.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 69
+50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Athens North No. 2 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Athens North No. 2, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Athens North No. 2 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Athens North No. 2, IL

How long does it take to sell a home in Athens North No. 2, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days23 Days-6.7%

Summary: Homes in Athens North No. 2 had an average of 23 days on market in Oct 2024, down by 6.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Athens North No. 2 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Athens North No. 2; 33% of homes were sold within 30 days, 67% 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 4 Days Ago

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