$10,000 Closing Credit*
$1,600,000
4,000 SqFt
4 Beds
•4 Full Baths, 1 Partial
Chad Wilkinson, Listing Office: Whitetail Properties Real Esta
Is Pocahontas, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pocahontas has remained a Seller's Market.
Key Takeaway
Pocahontas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pocahontas, IL
How much do homes in Pocahontas, IL cost?
Median Sold Price
$219,950
$147/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$149,950(+214.2%)
Key Takeaway
Homes in Pocahontas have sold for 214.2% more than they did a month ago.
Summary: The median home sold price in Pocahontas was $219,950 in November 2024, up 214.2% from last month, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $36K | - | N/A |
| 3 Bedrooms | $201.7K | $219.9K | +9.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pocahontas housing prices by bedroom type for November 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 9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pocahontas | $70K | $219.9K | +214.2% |
| Old Ripley Township | $333.5K | $176.5K | -47.1% |
Housing Supply in Pocahontas, IL
How many homes are available in Pocahontas, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Pocahontas real estate market had 6 homes for sale in November 2024, a 25.0% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pocahontas 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 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pocahontas, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Pocahontas in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Pocahontas, IL
How long does it take to sell a home in Pocahontas, IL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 32 Days | -15.2% |
Summary: Homes in Pocahontas had an average of 32 days on market in Nov 2024, down by 15.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pocahontas has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Pocahontas; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.