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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mulkeytown is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Mulkeytown, IL

How much do homes in Mulkeytown, IL cost?

Median Sold Price

$150,000

$115/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$74,000(+97.4%)

Key Takeaway

Homes in Mulkeytown have sold for 97.4% more than they did a month ago.

Summary: The median home sold price in Mulkeytown was $150,000 in October 2024, up 97.4% from last month, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $76K$150K
+97.4%
3 -$232.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Mulkeytown housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 97.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mulkeytown, IL

How many homes are available in Mulkeytown, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
56+20.0%

Summary: The Mulkeytown real estate market had 6 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Mulkeytown 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

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 Mulkeytown, 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 Mulkeytown in October 2024, up by 200.0% 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 Mulkeytown, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
38 Days58 Days+54.4%

Summary: Homes in Mulkeytown had an average of 58 days on market in Oct 2024, up by 54.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mulkeytown has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Mulkeytown; 33% of homes were sold within 30 days, 67% 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 16 Days Ago

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