Is Athens South No. 1, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Athens South No. 1 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Athens South No. 1 was a Seller's Market.

Key Takeaway

Athens South No. 1 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 Athens South No. 1, IL

How much do homes in Athens South No. 1, IL cost?

Median Sold Price

$244,900

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$110,400(+82.1%)

Key Takeaway

Homes in Athens South No. 1 have sold for 82.1% more than they did a year ago.

Summary: The median home sold price in Athens South No. 1 was $244,900 in October 2024, up 82.1% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$31K
N/A
2 $60.8K$290K
+376.8%
3 $134.5K$244.9K
+82.1%
4 $224.9K$190.4K
-15.3%
5+ --
N/A

Summary: Athens South No. 1 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 increased by 376.8%, 3 bedroom homes increased by 82.1%, 4 bedroom homes decreased by 15.3%, 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 South No. 1, IL

How many homes are available in Athens South No. 1, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The Athens South No. 1 real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 43
-25.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Athens South No. 1 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

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 Athens South No. 1, 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 Athens South No. 1 in October 2024, up by 100.0% month-over-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 Athens South No. 1, IL

How long does it take to sell a home in Athens South No. 1, IL?

Breakdown of Home Sale Times

1 Home Was 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 Athens South No. 1 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Athens South No. 1; 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 4 Days Ago

Newest Listings in Athens South No. 1, IL

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