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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henderson County is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Henderson County was a Neutral Market.

Key Takeaway

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

Housing Prices in Henderson County, IL

How much do homes in Henderson County, IL cost?

Median Sold Price

$329,555

$153/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$254,555(+339.4%)

Key Takeaway

Homes in Henderson County have sold for 339.4% more than they did a month ago.

Summary: The median home sold price in Henderson County was $329,555 in November 2024, up 339.4% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$90K
N/A
3 $75K$569.1K
+658.8%
4 $271.4K-
N/A
5+ --
N/A

Summary: Henderson 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 658.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Henderson County, IL

How many homes are available in Henderson County, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1817-5.6%

Summary: The Henderson County real estate market had 17 homes for sale in November 2024, a 5.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 54
-20.0%
4 98
-11.1%
5+ 11
0.0%

Summary: The Henderson 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 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henderson County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Henderson County in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Henderson County, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
103 Days11 Days-88.9%

Summary: Homes in Henderson County had an average of 11 days on market in Nov 2024, down by 88.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Henderson County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Henderson County; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in Henderson County, IL

Nearby Markets to Henderson County, IL

What housing markets are near Henderson County, IL?