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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carlinville is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Carlinville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Carlinville, IL

How much do homes in Carlinville, IL cost?

Median Sold Price

$130,000

$71/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+18.2%)

Key Takeaway

Homes in Carlinville have sold for 18.2% more than they did a year ago.

Summary: The median home sold price in Carlinville was $130,000 in October 2024, up 18.2% from last year, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70K-
N/A
2 $42.5K$69K
+62.4%
3 $95K$126K
+32.6%
4 $143.5K$160K
+11.5%
5+ $206K$153.5K
-25.5%

Summary: Carlinville 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 62.4%, 3 bedroom homes increased by 32.6%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 25.5%.

Median Sold Price Compared To Nearby Cities

Carlinville
+18.2%
Carlinville Township
+18.2%

Housing Supply in Carlinville, IL

How many homes are available in Carlinville, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2021+5.0%

Summary: The Carlinville real estate market had 21 homes for sale in October 2024, a 5.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1011
+10.0%
4 67
+16.7%
5+ 11
0.0%

Summary: The Carlinville 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 decreased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carlinville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Carlinville in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Carlinville, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days28 Days+47.4%

Summary: Homes in Carlinville had an average of 28 days on market in Oct 2024, up by 47.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Carlinville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Carlinville; 50% of homes were sold within 30 days, 50% 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 16 Days Ago

Newest Listings in Carlinville, IL

Nearby Markets to Carlinville, IL