Is McLeansboro Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McLeansboro Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, McLeansboro Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in McLeansboro Township, IL

How much do homes in McLeansboro Township, IL cost?

Median Sold Price

$106,900

$80/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,900(+1.8%)

Key Takeaway

Homes in McLeansboro Township have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in McLeansboro Township was $106,900 in November 2024, up 1.8% from last year, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $60K$72K
+20.0%
3 $120K$119.2K
-0.6%
4 -$213.2K
N/A
5+ $195K-
N/A

Summary: McLeansboro Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

McLeansboro Township
+1.8%
McLeansboro
-3.6%
Mc Leansboro
-8.8%

Housing Supply in McLeansboro Township, IL

How many homes are available in McLeansboro Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
990.0%

Summary: The McLeansboro Township real estate market had 9 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 66
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The McLeansboro Township 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McLeansboro Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in McLeansboro Township in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for McLeansboro Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
119 Days46 Days-61.3%

Summary: Homes in McLeansboro Township had an average of 46 days on market in Nov 2024, down by 61.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in McLeansboro Township has remained consistent over time.

Summary: During November 2024, 3 homes were sold in McLeansboro Township; 33% of homes were sold within 30 days, 67% 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 23 Days Ago

Newest Listings in McLeansboro Township, IL

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