Is Murphysboro Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Murphysboro Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Murphysboro Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Murphysboro Township, IL

How much do homes in Murphysboro Township, IL cost?

Median Sold Price

$115,000

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$875(-0.8%)

Key Takeaway

Homes in Murphysboro Township have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in Murphysboro Township was $115,000 in November 2024, down 0.8% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150.2K-
N/A
2 $70K$58.2K
-16.8%
3 $120K$130K
+8.3%
4 $168.5K$225K
+33.5%
5+ $168.5K$307.5K
+82.5%

Summary: Murphysboro Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 33.5%, and 5+ bedroom homes increased by 82.5%.

Median Sold Price Compared To Nearby Cities

Carbondale
+29.6%
Carbondale Township
+29.6%
Murphysboro
+3.3%
Murphysboro Township
-0.8%
Somerset Township
-14.4%

Housing Supply in Murphysboro Township, IL

How many homes are available in Murphysboro Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5154+5.9%

Summary: The Murphysboro Township real estate market had 54 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1215
+25.0%
3 2526
+4.0%
4 1312
-7.7%
5+ 00
0.0%

Summary: The Murphysboro Township 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 increased by 25%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

9 Homes Were 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 Murphysboro Township, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Murphysboro Township in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.

Days on Market for Murphysboro Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days54 Days+312.8%

Summary: Homes in Murphysboro Township had an average of 54 days on market in Nov 2024, up by 312.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Murphysboro Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Murphysboro Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 18 Days Ago

Newest Listings in Murphysboro Township, IL

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