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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cullom is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Cullom has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cullom, IL

How much do homes in Cullom, IL cost?

Median Sold Price

$135,000

$108/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$30,000(-18.2%)

Key Takeaway

Homes in Cullom have sold for 18.2% less than they did a month ago.

Summary: The median home sold price in Cullom was $135,000 in December 2024, down 18.2% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$135K
N/A
3 $165K-
N/A
4 --
N/A
5+ --
N/A

Summary: Cullom housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cullom, IL

How many homes are available in Cullom, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
550.0%

Summary: The Cullom real estate market had 5 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 12
+100.0%
5+ 00
0.0%

Summary: The Cullom housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

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 Cullom, 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 Cullom in December 2024, the same as the previous 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 Cullom, IL

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

Average Sale Time

Nov 2024Dec 2024CHANGE
35 Days3 Days-91.4%

Summary: Homes in Cullom had an average of 3 days on market in Dec 2024, down by 91.4% 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 Cullom are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Cullom; 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 8 Days Ago

Newest Listings in Cullom, IL

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