$3,502 Closing Credit*
$294,900
1,963 SqFt
3 Beds
•3 Full Baths
Nikki Machin, Listing Office: The Real Estate Group, Inc.
Is Pawnee, 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, Pawnee has remained a Seller's Market.
Key Takeaway
Pawnee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pawnee, IL
How much do homes in Pawnee, IL cost?
Median Sold Price
$162,450
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,450(+16.0%)
Key Takeaway
Homes in Pawnee have sold for 16% more than they did a year ago.
Summary: The median home sold price in Pawnee was $162,450 in November 2024, up 16% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $88K | $73.5K | -16.5% |
| 3 Bedrooms | $140K | $166.5K | +18.9% |
| 4 Bedrooms | $161K | $249.9K | +55.2% |
| 5+ Bedrooms | $357K | $300K | -16.0% |
Summary: Pawnee 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 16.5%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 55.2%, and 5+ bedroom homes decreased by 16%.
Median Sold Price Compared To Nearby Cities
| Pawnee | $140K | $162.4K | +16.0% |
| Pawnee Township | $140K | $162.4K | +16.0% |
Housing Supply in Pawnee, IL
How many homes are available in Pawnee, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Summary: The Pawnee real estate market had 9 homes for sale in November 2024, a 80.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 6 | +200.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pawnee 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 50%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pawnee, 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 Pawnee in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Pawnee, IL
How long does it take to sell a home in Pawnee, IL?
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
Key Takeaway
Many homes in Pawnee are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Pawnee; 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 RMLS Alliance as distributed by MLS GRID.