$3,889 Closing Credit*
$327,500
2,745 SqFt
4 Beds
•3 Full Baths
Listing Office: Bond County Realtors
Is Bond County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bond County has remained a Seller's Market.
Key Takeaway
Bond County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bond County, IL
How much do homes in Bond County, IL cost?
Median Sold Price
$159,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,250(+7.6%)
Key Takeaway
Homes in Bond County have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Bond County was $159,000 in October 2024, up 7.6% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109K | $35.5K | -67.4% |
| 2 Bedrooms | $76.2K | $117.9K | +54.7% |
| 3 Bedrooms | $164.8K | $171.2K | +3.9% |
| 4 Bedrooms | $207.5K | $247K | +19.0% |
| 5+ Bedrooms | $157K | $555K | +253.5% |
Summary: Bond County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.4%, 2 bedroom homes increased by 54.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 253.5%.
Median Sold Price Compared To Nearby Counties
| Madison County | $170K | $183.8K | +8.2% |
| Bond County | $147.7K | $159K | +7.6% |
| Clinton County | $201.1K | $205K | +1.9% |
| Montgomery County | $104.9K | $105.2K | 0.3% |
Housing Supply in Bond County, IL
How many homes are available in Bond County, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 51 | +8.5% |
Summary: The Bond County real estate market had 51 homes for sale in October 2024, a 8.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Bond County 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 22.2%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bond County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Bond County in October 2024, up by 66.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 73 Days | +27.7% |
Summary: Homes in Bond County had an average of 73 days on market in Oct 2024, up by 27.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bond County has remained consistent over time.
Summary: During October 2024, 10 homes were sold in Bond County; 10% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.