Is Moweaqua, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moweaqua is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Moweaqua has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Moweaqua, IL

How much do homes in Moweaqua, IL cost?

Median Sold Price

$285,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$138,800(+94.9%)

Key Takeaway

Homes in Moweaqua have sold for 94.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $128.9K-
N/A
3 $173K$185K
+6.9%
4 -$339.9K
N/A
5+ --
N/A

Summary: Moweaqua housing prices by bedroom type for November 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 increased by 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Moweaqua
+94.9%
Moweaqua Township
+94.9%

Housing Supply in Moweaqua, IL

How many homes are available in Moweaqua, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
86-25.0%

Summary: The Moweaqua real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 44
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Moweaqua 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 decreased by 100%, 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
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moweaqua, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Moweaqua in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Moweaqua, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
13 Days13 Days+1.9%

Summary: Homes in Moweaqua had an average of 13 days on market in Nov 2024, up by 1.9% compared to last month.

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 Moweaqua are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Moweaqua; 67% 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 Moweaqua, IL

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