Is Pleasant Plains, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasant Plains is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Pleasant Plains, IL

How much do homes in Pleasant Plains, IL cost?

Median Sold Price

$193,000

$63/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$43,000(+28.7%)

Key Takeaway

Homes in Pleasant Plains have sold for 28.7% more than they did a month ago.

Summary: The median home sold price in Pleasant Plains was $193,000 in October 2024, up 28.7% from last month, and the median price per square foot was $63.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$72.5K
N/A
3 $149.5K-
N/A
4 $410K-
N/A
5+ -$269K
N/A

Summary: Pleasant Plains 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pleasant Plains
+28.7%
Cartwright Township
-3.9%

Housing Supply in Pleasant Plains, IL

How many homes are available in Pleasant Plains, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
129-25.0%

Summary: The Pleasant Plains real estate market had 9 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 33
0.0%
3 51
-80.0%
4 22
0.0%
5+ 22
0.0%

Summary: The Pleasant Plains housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were 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 Pleasant Plains, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Pleasant Plains in October 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Pleasant Plains, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
0 Days58 Days+8700.0%

Summary: Homes in Pleasant Plains had an average of 58 days on market in Oct 2024, up by 8700% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Pleasant Plains; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in Pleasant Plains, IL

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