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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carterville is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Carterville has remained a Seller's Market.

Key Takeaway

Carterville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Carterville, IL

How much do homes in Carterville, IL cost?

Median Sold Price

$202,250

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,250(+12.4%)

Key Takeaway

Homes in Carterville have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Carterville was $202,250 in October 2024, up 12.4% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $13K$63K
+384.6%
2 $100.4K$93K
-7.4%
3 $172K$190K
+10.5%
4 $260K$294K
+13.1%
5+ $510K$320K
-37.3%

Summary: Carterville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 384.6%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes decreased by 37.3%.

Median Sold Price Compared To Nearby Cities

Blairsville
+29.5%
Herrin
+23.1%
Carterville
+12.4%
Crainville
-28.1%

Housing Supply in Carterville, IL

How many homes are available in Carterville, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
59590.0%

Summary: The Carterville real estate market had 59 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 76
-14.3%
3 2931
+6.9%
4 1918
-5.3%
5+ 33
0.0%

Summary: The Carterville 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 14.3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carterville, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Carterville in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.

Days on Market for Carterville, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days10 Days-61.0%

Summary: Homes in Carterville had an average of 10 days on market in Oct 2024, down by 61% compared to last year.

Breakdown of Home Sale Times

10 Homes Were 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 Carterville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Carterville; 91% of homes were sold within 30 days, 9% 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 17 Days Ago

Newest Listings in Carterville, IL

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