$772 Closing Credit*
$65,000
Hope Williams, Listing Office: Keller Williams Pinnacle - MTV
Is McLeansboro, 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, McLeansboro was a Seller's Market.
Key Takeaway
McLeansboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in McLeansboro, IL
How much do homes in McLeansboro, IL cost?
Median Sold Price
$95,400
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,400(+12.2%)
Key Takeaway
Homes in McLeansboro have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in McLeansboro was $95,400 in October 2024, up 12.2% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $39K | $74K | +89.7% |
| 3 Bedrooms | $113.7K | $118.2K | +4.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $195K | N/A |
Summary: McLeansboro 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 89.7%, 3 bedroom homes increased by 4%, 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 McLeansboro, IL
How many homes are available in McLeansboro, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The McLeansboro real estate market had 8 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 | 6 | 5 | -16.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The McLeansboro 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
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 McLeansboro, 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 McLeansboro in October 2024, down by 66.7% 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 McLeansboro, IL
How long does it take to sell a home in McLeansboro, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 1 Days | 5 Days | +233.3% |
Summary: Homes in McLeansboro 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 McLeansboro are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in McLeansboro; 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.