$772 Closing Credit*
$65,000
958 SqFt
1 Bed
•1 Full Bath, 1 Partial
Paula Arpasi, Listing Office: Homefinders Realty
Is Pinckneyville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Pinckneyville was a Buyer's Market.
Key Takeaway
Pinckneyville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pinckneyville, IL
How much do homes in Pinckneyville, IL cost?
Median Sold Price
$100,000
$71/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$69,900(-41.1%)
Key Takeaway
Homes in Pinckneyville have sold for 41.1% less than they did a year ago.
Summary: The median home sold price in Pinckneyville was $100,000 in October 2024, down 41.1% from last year, and the median price per square foot was $71.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32.4K | $46K | +41.8% |
| 2 Bedrooms | $87.4K | $65K | -25.7% |
| 3 Bedrooms | $152.4K | $146.7K | -3.8% |
| 4 Bedrooms | $230K | $150K | -34.8% |
| 5+ Bedrooms | $349.9K | $208K | -40.6% |
Summary: Pinckneyville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.8%, 2 bedroom homes decreased by 25.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 34.8%, and 5+ bedroom homes decreased by 40.6%.
Housing Supply in Pinckneyville, IL
How many homes are available in Pinckneyville, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The Pinckneyville real estate market had 25 homes for sale in October 2024, a 3.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pinckneyville 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 decreased by 10%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pinckneyville, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Pinckneyville in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Pinckneyville, IL
How long does it take to sell a home in Pinckneyville, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 48 Days | +1112.5% |
Summary: Homes in Pinckneyville had an average of 48 days on market in Oct 2024, up by 1112.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pinckneyville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Pinckneyville; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.