$949 Closing Credit*
$79,900
1,000 SqFt
3 Beds
•1 Full Bath
Laura Baragiola, Listing Office: RE/MAX Professionals
Is Havana, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Havana has remained a Seller's Market.
Key Takeaway
Havana is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Havana, IL
How much do homes in Havana, IL cost?
Median Sold Price
$72,500
$61/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,000(-11.0%)
Key Takeaway
Homes in Havana have sold for 11% less than they did a year ago.
Summary: The median home sold price in Havana was $72,500 in November 2024, down 11% from last year, and the median price per square foot was $61.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77.5K | - | N/A |
| 2 Bedrooms | $64.9K | $52K | -19.9% |
| 3 Bedrooms | $80K | $119K | +48.8% |
| 4 Bedrooms | $117.9K | $145K | +22.9% |
| 5+ Bedrooms | $125K | $53.5K | -57.2% |
Summary: Havana housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.9%, 3 bedroom homes increased by 48.8%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes decreased by 57.2%.
Median Sold Price Compared To Nearby Cities
| Havana | $81.5K | $72.5K | -11.0% |
| Havana Township | $81.5K | $72.5K | -11.0% |
Housing Supply in Havana, IL
How many homes are available in Havana, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Havana real estate market had 17 homes for sale in November 2024, a 6.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Havana 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Havana, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Havana in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Havana, IL
How long does it take to sell a home in Havana, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 96 Days | 87 Days | -9.6% |
Summary: Homes in Havana had an average of 87 days on market in Nov 2024, down by 9.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Havana are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Havana; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.