Is Mount Pulaski, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Pulaski is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Mount Pulaski has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mount Pulaski, IL

How much do homes in Mount Pulaski, IL cost?

Median Sold Price

$145,000

$80/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,100(+11.6%)

Key Takeaway

Homes in Mount Pulaski have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Mount Pulaski was $145,000 in October 2024, up 11.6% from last year, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $20K$42.5K
+112.5%
2 $53.9K$71.5K
+32.5%
3 $135K$153K
+13.3%
4 $93.2K$156.5K
+67.8%
5+ $180K$337.5K
+87.5%

Summary: Mount Pulaski housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 112.5%, 2 bedroom homes increased by 32.5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 67.8%, and 5+ bedroom homes increased by 87.5%.

Median Sold Price Compared To Nearby Cities

Mount Pulaski
+11.6%
Mount Pulaski Township
+8.2%

Housing Supply in Mount Pulaski, IL

How many homes are available in Mount Pulaski, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The Mount Pulaski real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

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

Summary: The Mount Pulaski housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 Mount Pulaski, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mount Pulaski in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Mount Pulaski, IL

How long does it take to sell a home in Mount Pulaski, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
58 Days11 Days-81.0%

Summary: Homes in Mount Pulaski had an average of 11 days on market in Oct 2024, down by 81% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Mount Pulaski are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Mount Pulaski; 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 21 Days Ago

Newest Listings in Mount Pulaski, IL

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