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 buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Greene County was a Seller's Market.

Key Takeaway

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

Housing Prices in Greene County, IL

How much do homes in Greene County, IL cost?

Median Sold Price

$119,999

$80/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$19,999(+20.0%)

Key Takeaway

Homes in Greene County have sold for 20% more than they did a month ago.

Summary: The median home sold price in Greene County was $119,999 in November 2024, up 20% from last month, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $280K-
N/A
3 $80K$114.9K
+43.7%
4 -$125K
N/A
5+ --
N/A

Summary: Greene County housing prices by bedroom type for November 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 increased by 43.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Calhoun County
+112.7%
Greene County
+20.0%

Housing Supply in Greene County, IL

How many homes are available in Greene County, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2733+22.2%

Summary: The Greene County real estate market had 33 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 910
+11.1%
3 1415
+7.1%
4 26
+200.0%
5+ 11
0.0%

Summary: The Greene County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Greene County in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Oct 2024Nov 2024CHANGE
28 Days51 Days+82.6%

Summary: Homes in Greene County had an average of 51 days on market in Nov 2024, up by 82.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greene County has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Greene County; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 Greene County, IL

Nearby Markets to Greene County, IL

What housing markets are near Greene County, IL?