Is Carroll County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carroll County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Carroll County was a Seller's Market.

Key Takeaway

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

Housing Prices in Carroll County, IL

How much do homes in Carroll County, IL cost?

Median Sold Price

$143,950

$84/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,500(+17.6%)

Key Takeaway

Homes in Carroll County have sold for 17.6% more than they did a year ago.

Summary: The median home sold price in Carroll County was $143,950 in October 2024, up 17.6% from last year, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $37K$972.5K
+2528.4%
2 $66.5K$114.4K
+72.1%
3 $127.2K$140K
+10.1%
4 $163.9K$176.5K
+7.7%
5+ $74K$168.7K
+128.0%

Summary: Carroll County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2528.4%, 2 bedroom homes increased by 72.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 128%.

Median Sold Price Compared To Nearby Counties

Carroll County
+17.6%
Stephenson County
+16.5%
Jo Daviess County
+12.6%
Whiteside County
+10.8%

Housing Supply in Carroll County, IL

How many homes are available in Carroll County, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2427+12.5%

Summary: The Carroll County real estate market had 27 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 810
+25.0%
4 88
0.0%
5+ 11
0.0%

Summary: The Carroll 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 14.3%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carroll County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Carroll County in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Carroll County, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days58 Days+42.9%

Summary: Homes in Carroll County had an average of 58 days on market in Oct 2024, up by 42.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Carroll County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 11 Days Ago

Newest Listings in Carroll County, IL

Nearby Markets to Carroll County, IL

What housing markets are near Carroll County, IL?