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 23 Days Ago

Newest Listings in Athens South No. 1, IL

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