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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greene County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Greene County, IL

How much do homes in Greene County, IL cost?

Median Sold Price

$100,000

$74/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$35,000(-25.9%)

Key Takeaway

Homes in Greene County have sold for 25.9% less than they did a month ago.

Summary: The median home sold price in Greene County was $100,000 in October 2024, down 25.9% from last month, and the median price per square foot was $74.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $43K-
N/A
2 $225K$280K
+24.4%
3 $116K$80K
-31.0%
4 $249K-
N/A
5+ $178K-
N/A

Summary: Greene County 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 increased by 24.4%, 3 bedroom homes decreased by 31%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Greene County, IL

How many homes are available in Greene County, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3225-21.9%

Summary: The Greene County real estate market had 25 homes for sale in October 2024, a 21.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 79
+28.6%
3 1812
-33.3%
4 32
-33.3%
5+ 21
-50.0%

Summary: The Greene County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

5 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 Greene County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Greene County in October 2024, down by 58.3% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Greene County, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
70 Days28 Days-60.0%

Summary: Homes in Greene County had an average of 28 days on market in Oct 2024, down by 60% compared to last month.

Breakdown of Home Sale Times

4 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 Greene County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Greene County; 80% of homes were sold within 30 days, 20% 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 20 Days Ago

Newest Listings in Greene County, IL

Nearby Markets to Greene County, IL

What housing markets are near Greene County, IL?