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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mapleton is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Mapleton was a Seller's Market.

Key Takeaway

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

Housing Prices in Mapleton, IL

How much do homes in Mapleton, IL cost?

Median Sold Price

$347,000

$125/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$34,500(+11.0%)

Key Takeaway

Homes in Mapleton have sold for 11% more than they did a month ago.

Summary: The median home sold price in Mapleton was $347,000 in November 2024, up 11% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $199.4K-
N/A
4 $352.4K$347K
-1.5%
5+ --
N/A

Summary: Mapleton 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 did not change, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes did not change.

Housing Supply in Mapleton, IL

How many homes are available in Mapleton, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2314-39.1%

Summary: The Mapleton real estate market had 14 homes for sale in November 2024, a 39.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 126
-50.0%
4 96
-33.3%
5+ 22
0.0%

Summary: The Mapleton 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 decreased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
101-90.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mapleton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Mapleton in November 2024, down by 90.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mapleton, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
8 Days14 Days+72.8%

Summary: Homes in Mapleton had an average of 14 days on market in Nov 2024, up by 72.8% 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 Mapleton are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Mapleton; 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 17 Days Ago

Newest Listings in Mapleton, IL

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