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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenville is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Greenville was a Seller's Market.

Key Takeaway

Greenville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Greenville, IL

How much do homes in Greenville, IL cost?

Median Sold Price

$153,000

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+5.5%)

Key Takeaway

Homes in Greenville have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Greenville was $153,000 in October 2024, up 5.5% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $73K-
N/A
2 $78K$118K
+51.3%
3 $158.9K$165K
+3.8%
4 $261K$215.1K
-17.6%
5+ $315K$453K
+43.8%

Summary: Greenville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 43.8%.

Median Sold Price Compared To Nearby Cities

Greenville
+5.5%
Central Township
+1.1%

Housing Supply in Greenville, IL

How many homes are available in Greenville, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3435+2.9%

Summary: The Greenville real estate market had 35 homes for sale in October 2024, a 2.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1516
+6.7%
4 109
-10.0%
5+ 33
0.0%

Summary: The Greenville 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 increased by 20%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenville, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Greenville in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Greenville, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
58 Days89 Days+53.4%

Summary: Homes in Greenville had an average of 89 days on market in Oct 2024, up by 53.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greenville has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Greenville; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 Greenville, IL

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