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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Massac County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Massac County was a Seller's Market.

Key Takeaway

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

Housing Prices in Massac County, IL

How much do homes in Massac County, IL cost?

Median Sold Price

$104,000

$79/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,000(+22.4%)

Key Takeaway

Homes in Massac County have sold for 22.4% more than they did a year ago.

Summary: The median home sold price in Massac County was $104,000 in November 2024, up 22.4% from last year, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $37K$59.9K
+62.0%
2 $58K$69.4K
+19.7%
3 $99.9K$136.2K
+36.4%
4 $147.5K$143.7K
-2.5%
5+ -$273.5K
N/A

Summary: Massac County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Massac County
+22.4%
Johnson County
+13.5%
McCracken County
-0.8%

Housing Supply in Massac County, IL

How many homes are available in Massac County, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
53530.0%

Summary: The Massac County real estate market had 53 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1111
0.0%
3 2525
0.0%
4 1414
0.0%
5+ 12
+100.0%

Summary: The Massac County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Massac County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Massac County in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Massac County, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days31 Days0.0%

Summary: Homes in Massac County had an average of 31 days on market in Nov 2024, the same as last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Massac County; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 20 Days Ago

Newest Listings in Massac County, IL

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