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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bushnell is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Bushnell was a Neutral Market.

Key Takeaway

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

Housing Prices in Bushnell, IL

How much do homes in Bushnell, IL cost?

Median Sold Price

$85,000

$39/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$62,500(+277.8%)

Key Takeaway

Homes in Bushnell have sold for 277.8% more than they did a month ago.

Summary: The median home sold price in Bushnell was $85,000 in November 2024, up 277.8% from last month, and the median price per square foot was $39.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $32K$85K
+165.6%
3 --
N/A
4 $13K-
N/A
5+ --
N/A

Summary: Bushnell 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 increased by 165.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bushnell
+277.8%
Bushnell Township
+277.8%

Housing Supply in Bushnell, IL

How many homes are available in Bushnell, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11110.0%

Summary: The Bushnell real estate market had 11 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 22
0.0%
3 34
+33.3%
4 65
-16.7%
5+ 00
0.0%

Summary: The Bushnell 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 33.3%, 4 bedroom homes decreased by 16.7%, 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 Bushnell, 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 Bushnell 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 Bushnell, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
29 Days10 Days-65.5%

Summary: Homes in Bushnell had an average of 10 days on market in Nov 2024, down by 65.5% 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 Bushnell are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Bushnell; 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 Bushnell, IL

Nearby Markets to Bushnell, IL