$3,561 Closing Credit*
$299,900
2,694 SqFt
3 Beds
•2 Full Baths
Listing Office: Cisler & Assoc Real Estate
Is Bond County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bond County was a Seller's Market.
Key Takeaway
Bond County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bond County, IL
How much do homes in Bond County, IL cost?
Median Sold Price
$170,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,000(+18.9%)
Key Takeaway
Homes in Bond County have sold for 18.9% more than they did a year ago.
Summary: The median home sold price in Bond County was $170,000 in November 2024, up 18.9% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109K | $35.5K | -67.4% |
| 2 Bedrooms | $84.5K | $106.5K | +26.0% |
| 3 Bedrooms | $160K | $182.5K | +14.1% |
| 4 Bedrooms | $191.2K | $225K | +17.6% |
| 5+ Bedrooms | $157K | $555K | +253.5% |
Summary: Bond County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.4%, 2 bedroom homes increased by 26%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 253.5%.
Median Sold Price Compared To Nearby Counties
| Bond County | $143K | $170K | +18.9% |
| Fayette County | $105.5K | $125K | +18.5% |
| Madison County | $170.4K | $184.9K | +8.5% |
| Clinton County | $199.9K | $205K | +2.6% |
| Montgomery County | $104.9K | $105K | 0.0% |
Housing Supply in Bond County, IL
How many homes are available in Bond County, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 47 | 49 | +4.3% |
Summary: The Bond County real estate market had 49 homes for sale in November 2024, a 4.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Bond County 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 increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bond County, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Bond County in November 2024, down by 45.5% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Bond County, IL
How long does it take to sell a home in Bond County, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 84 Days | 37 Days | -55.2% |
Summary: Homes in Bond County had an average of 37 days on market in Nov 2024, down by 55.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bond County has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Bond County; 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.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.