$3,443 Closing Credit*
$289,900
1,770 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Keller Williams Marquee
Is Pontoon Beach, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pontoon Beach was a Seller's Market.
Key Takeaway
Pontoon Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Pontoon Beach, IL
How much do homes in Pontoon Beach, IL cost?
Median Sold Price
$202,900
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,900(+14.0%)
Key Takeaway
Homes in Pontoon Beach have sold for 14% more than they did a year ago.
Summary: The median home sold price in Pontoon Beach was $202,900 in November 2024, up 14% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $113.4K | $109K | -3.9% |
| 3 Bedrooms | $150K | $202.9K | +35.3% |
| 4 Bedrooms | $262.5K | $247.2K | -5.8% |
| 5+ Bedrooms | - | $230K | N/A |
Summary: Pontoon Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 35.3%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pontoon Beach | $178K | $202.9K | +14.0% |
| Nameoki Township | $150K | $170K | +13.3% |
| Granite City | $117K | $124.5K | +6.5% |
| Granite City Township | $117.1K | $124.5K | +6.3% |
| Chouteau Township | $120K | $123.5K | +2.9% |
Housing Supply in Pontoon Beach, IL
How many homes are available in Pontoon Beach, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Pontoon Beach real estate market had 19 homes for sale in November 2024, a 11.8% increase 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 | 1 | 0.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pontoon Beach 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pontoon Beach, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Pontoon Beach in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Pontoon Beach, IL
How long does it take to sell a home in Pontoon Beach, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 17 Days | +188.9% |
Summary: Homes in Pontoon Beach had an average of 17 days on market in Nov 2024, up by 188.9% compared to last year.
Breakdown of Home Sale Times
2 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 Pontoon Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Pontoon Beach; 67% of homes were sold within 30 days, 33% 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.