$772 Closing Credit*
$65,000
Hope Williams, Listing Office: Keller Williams Pinnacle - MTV
Is Mc Leansboro, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Mc Leansboro was a Seller's Market.
Key Takeaway
Mc Leansboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mc Leansboro, IL
How much do homes in Mc Leansboro, IL cost?
Median Sold Price
$118,250
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,750(+22.5%)
Key Takeaway
Homes in Mc Leansboro have sold for 22.5% more than they did a year ago.
Summary: The median home sold price in Mc Leansboro was $118,250 in October 2024, up 22.5% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $49.5K | $74K | +49.5% |
| 3 Bedrooms | $115K | $119.2K | +3.7% |
| 4 Bedrooms | - | $213.2K | N/A |
| 5+ Bedrooms | - | $195K | N/A |
Summary: Mc Leansboro housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mc Leansboro | $96.5K | $118.2K | +22.5% |
| McLeansboro Township | $96.5K | $118.2K | +22.5% |
| McLeansboro | $85K | $95.4K | +12.2% |
Housing Supply in Mc Leansboro, IL
How many homes are available in Mc Leansboro, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Mc Leansboro real estate market had 11 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Mc Leansboro 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 remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Leansboro, 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 Mc Leansboro in October 2024, down by 75.0% 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 Mc Leansboro, IL
How long does it take to sell a home in Mc Leansboro, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 1 Days | 5 Days | +233.3% |
Summary: Homes in Mc Leansboro had an average of 5 days on market in Oct 2024, up by 233.3% compared to last year.
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
Key Takeaway
Many homes in Mc Leansboro are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Mc Leansboro; 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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.