$3,859 Closing Credit*
$325,000
2,524 SqFt
4 Beds
•2 Full Baths, 1 Partial
Ryan Deiss, Listing Office: Keller Williams Revolution Mac
Is Hanna City, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Hanna City has remained a Seller's Market.
Key Takeaway
Hanna City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hanna City, IL
How much do homes in Hanna City, IL cost?
Median Sold Price
$186,200
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$47,700(+34.4%)
Key Takeaway
Homes in Hanna City have sold for 34.4% more than they did a year ago.
Summary: The median home sold price in Hanna City was $186,200 in August 2024, up 34.4% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $92K | N/A |
| 2 Bedrooms | $95K | $106.7K | +12.4% |
| 3 Bedrooms | $145K | $175K | +20.7% |
| 4 Bedrooms | $310K | $305K | -1.6% |
| 5+ Bedrooms | $167.5K | $358K | +113.7% |
Summary: Hanna City housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 113.7%.
Median Sold Price Compared To Nearby Cities
| Hanna City | $138.5K | $186.2K | +34.4% |
| Logan Township | $177.7K | $202.5K | +14.0% |
Housing Supply in Hanna City, IL
How many homes are available in Hanna City, IL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Summary: The Hanna City real estate market had 12 homes for sale in August 2024, a 71.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 2 | 6 | +200.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Hanna City housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hanna City, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Hanna City in August 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Hanna City, IL
How long does it take to sell a home in Hanna City, IL?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 20 Days | 10 Days | -50.0% |
Summary: Homes in Hanna City had an average of 10 days on market in Aug 2024, down by 50% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hanna City are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 6 homes were sold in Hanna City; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.