Is La Moille, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Moille is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, La Moille has remained a Seller's Market.

Key Takeaway

La Moille is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in La Moille, IL

How much do homes in La Moille, IL cost?

Median Sold Price

$130,100

$108/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$11,900(-8.4%)

Key Takeaway

Homes in La Moille have sold for 8.4% less than they did a month ago.

Summary: The median home sold price in La Moille was $130,100 in October 2024, down 8.4% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$130.1K
N/A
3 $180K-
N/A
4 $104K-
N/A
5+ --
N/A

Summary: La Moille housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

La Moille
-8.4%
La Moille Township
-8.4%

Housing Supply in La Moille, IL

How many homes are available in La Moille, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43-25.0%

Summary: The La Moille real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The La Moille 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were 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 La Moille, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in La Moille in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for La Moille, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
45 Days9 Days-80.0%

Summary: Homes in La Moille had an average of 9 days on market in Oct 2024, down by 80% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 La Moille are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in La Moille; 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 13 Days Ago

Newest Listings in La Moille, IL

Nearby Markets to La Moille, IL