Is Pinckneyville No. 8, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pinckneyville No. 8 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Pinckneyville No. 8 has remained a Seller's Market.

Key Takeaway

Pinckneyville No. 8 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pinckneyville No. 8, IL

How much do homes in Pinckneyville No. 8, IL cost?

Median Sold Price

$181,000

$98/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$4,500(+2.5%)

Key Takeaway

Homes in Pinckneyville No. 8 have sold for 2.5% more than they did a month ago.

Summary: The median home sold price in Pinckneyville No. 8 was $181,000 in October 2024, up 2.5% from last month, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $102K-
N/A
3 $176.5K$181K
+2.5%
4 $265K-
N/A
5+ --
N/A

Summary: Pinckneyville No. 8 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 did not change, 3 bedroom homes increased by 2.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Pinckneyville No. 8, IL

How many homes are available in Pinckneyville No. 8, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
63-50.0%

Summary: The Pinckneyville No. 8 real estate market had 3 homes for sale in October 2024, a 50.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 32
-33.3%
4 10
-100.0%
5+ 11
0.0%

Summary: The Pinckneyville No. 8 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 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pinckneyville No. 8, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Pinckneyville No. 8 in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pinckneyville No. 8, IL

How long does it take to sell a home in Pinckneyville No. 8, IL?

Average Sale Time

Sep 2024Oct 2024CHANGE
25 Days100 Days+300.0%

Summary: Homes in Pinckneyville No. 8 had an average of 100 days on market in Oct 2024, up by 300% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pinckneyville No. 8 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Pinckneyville No. 8; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

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