Is Green Valley, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Valley is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Green Valley, IL

How much do homes in Green Valley, IL cost?

Median Sold Price

$292,450

$123/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$108,550(+59.0%)

Key Takeaway

Homes in Green Valley have sold for 59% more than they did a month ago.

Summary: The median home sold price in Green Valley was $292,450 in October 2024, up 59% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $109.9K-
N/A
4 $257.9K$292.4K
+13.4%
5+ --
N/A

Summary: Green Valley housing prices by bedroom type for October 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 increased by 13.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sand Prairie Township
+117.5%
Green Valley
+59.0%

Housing Supply in Green Valley, IL

How many homes are available in Green Valley, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87-12.5%

Summary: The Green Valley real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Green Valley 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 Green Valley, 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 Green Valley in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Green Valley, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
42 Days32 Days-23.5%

Summary: Homes in Green Valley had an average of 32 days on market in Oct 2024, down by 23.5% compared to last month.

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 Green Valley are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Green Valley; 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 22 Days Ago

Newest Listings in Green Valley, IL

Nearby Markets to Green Valley, IL