$1,568 Closing Credit*
$132,000
1,170 SqFt
2 Beds
•1 Full Bath
Raegan Parker, Listing Office: The Real Estate Group, Inc.
Is Pleasant Plains, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, 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
$202,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$22,100(+12.3%)
Key Takeaway
Homes in Pleasant Plains have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Pleasant Plains was $202,000 in August 2024, up 12.3% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $74K | N/A |
| 2 Bedrooms | $100K | $140K | +40.0% |
| 3 Bedrooms | $200.9K | $212.5K | +5.7% |
| 4 Bedrooms | $242.5K | $275K | +13.4% |
| 5+ Bedrooms | - | $697.5K | N/A |
Summary: Pleasant Plains housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes did not change.
Housing Supply in Pleasant Plains, IL
How many homes are available in Pleasant Plains, IL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The Pleasant Plains real estate market had 15 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Pleasant Plains housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Plains, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Pleasant Plains in August 2024, up by 300.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 2 Days | 8 Days | +245.0% |
Summary: Homes in Pleasant Plains had an average of 8 days on market in Aug 2024, up by 245% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pleasant Plains are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 8 homes were sold in Pleasant Plains; 88% of homes were sold within 30 days, 13% 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.