$2,221 Closing Credit*
$187,000
1,248 SqFt
3 Beds
•2 Full Baths
Listing Office: Bond County Realtors
Is Mulberry Grove, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mulberry Grove has remained a Seller's Market.
Key Takeaway
Mulberry Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mulberry Grove, IL
How much do homes in Mulberry Grove, IL cost?
Median Sold Price
$130,000
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$39,900(-23.5%)
Key Takeaway
Homes in Mulberry Grove have sold for 23.5% less than they did a year ago.
Summary: The median home sold price in Mulberry Grove was $130,000 in November 2024, down 23.5% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112K | $36K | -67.9% |
| 2 Bedrooms | - | $104K | N/A |
| 3 Bedrooms | $202.4K | $130K | -35.8% |
| 4 Bedrooms | $175K | $547.8K | +213.1% |
| 5+ Bedrooms | - | $6K | N/A |
Summary: Mulberry Grove housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.9%, 2 bedroom homes did not change, 3 bedroom homes decreased by 35.8%, 4 bedroom homes increased by 213.1%, and 5+ bedroom homes did not change.
Housing Supply in Mulberry Grove, IL
How many homes are available in Mulberry Grove, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Summary: The Mulberry Grove real estate market had 2 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mulberry Grove 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mulberry Grove, 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 Mulberry Grove in November 2024, up by 100.0% 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 Mulberry Grove, IL
How long does it take to sell a home in Mulberry Grove, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 188 Days | 29 Days | -84.6% |
Summary: Homes in Mulberry Grove had an average of 29 days on market in Nov 2024, down by 84.6% 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
Key Takeaway
Many homes in Mulberry Grove are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Mulberry Grove; 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 Mid America Regional Information System as distributed by MLS GRID.