$1,383 Closing Credit*
$116,500
2,240 SqFt
4 Beds
•2 Full Baths
Shawn Doerr, Listing Office: The Real Estate Group, Inc.
Is Meredosia No. 2, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Meredosia No. 2 has remained a Seller's Market.
Key Takeaway
Meredosia No. 2 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meredosia No. 2, IL
How much do homes in Meredosia No. 2, IL cost?
Median Sold Price
$89,900
$52/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$2,100(-2.3%)
Key Takeaway
Homes in Meredosia No. 2 have sold for 2.3% less than they did a month ago.
Summary: The median home sold price in Meredosia No. 2 was $89,900 in December 2024, down 2.3% from last month, and the median price per square foot was $52.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $92K | $89.9K | -2.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Meredosia No. 2 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Meredosia No. 2 | $92K | $89.9K | -2.3% |
| Meredosia | $92K | $89.9K | -2.3% |
Housing Supply in Meredosia No. 2, IL
How many homes are available in Meredosia No. 2, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Summary: The Meredosia No. 2 real estate market had 2 homes for sale in December 2024, a 33.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Meredosia No. 2 housing inventory by bedroom type for December 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Meredosia No. 2, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Meredosia No. 2 in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Meredosia No. 2, IL
How long does it take to sell a home in Meredosia No. 2, IL?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 Days | 16 Days | +220.0% |
Summary: Homes in Meredosia No. 2 had an average of 16 days on market in Dec 2024, up by 220% compared to last month.
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 Meredosia No. 2 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Meredosia No. 2; 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.