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 buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in McLeansboro Township, IL

How much do homes in McLeansboro Township, 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 McLeansboro Township have sold for 22.5% more than they did a year ago.

Summary: The median home sold price in McLeansboro Township 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

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $49.5K$74K
+49.5%
3 $115K$119.2K
+3.7%
4 -$213.2K
N/A
5+ -$195K
N/A

Summary: McLeansboro Township 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

McLeansboro Township
+22.5%
Mc Leansboro
+22.5%
McLeansboro
+12.2%

Housing Supply in McLeansboro Township, IL

How many homes are available in McLeansboro Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The McLeansboro Township real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 65
-16.7%
4 10
-100.0%
5+ 01
+100.0%

Summary: The McLeansboro Township 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 decreased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McLeansboro Township, 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 Township 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 McLeansboro Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
1 Days5 Days+233.3%

Summary: Homes in McLeansboro Township 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in McLeansboro Township; 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 4 Days Ago

Newest Listings in McLeansboro Township, IL

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