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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethany is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Bethany was a Seller's Market.

Key Takeaway

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

Housing Prices in Bethany, IL

How much do homes in Bethany, IL cost?

Median Sold Price

$109,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$30,250(+38.4%)

Key Takeaway

Homes in Bethany have sold for 38.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $67.5K$109K
+61.5%
4 $90K-
N/A
5+ --
N/A

Summary: Bethany 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 increased by 61.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bethany
+38.4%
Marrowbone Township
+38.4%

Housing Supply in Bethany, IL

How many homes are available in Bethany, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
880.0%

Summary: The Bethany real estate market had 8 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 56
+20.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Bethany 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 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 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 Bethany, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Bethany in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Bethany, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
16 Days4 Days-75.0%

Summary: Homes in Bethany had an average of 4 days on market in Nov 2024, down by 75% compared to last month.

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 Bethany are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Bethany; 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 21 Days Ago

Newest Listings in Bethany, IL

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