$42,500
0.31 Acres
Land
Listing Office: Worth Clark Realty
Is Pontoon Beach, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pontoon Beach has remained a Seller's Market.
Key Takeaway
Pontoon Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pontoon Beach, IL
How much do homes in Pontoon Beach, IL cost?
Median Sold Price
$182,500
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,500(+2.0%)
Key Takeaway
Homes in Pontoon Beach have sold for 2% more than they did a year ago.
Summary: The median home sold price in Pontoon Beach was $182,500 in October 2024, up 2% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $109.9K | $129.5K | +17.8% |
| 3 Bedrooms | $145.4K | $184.7K | +27.0% |
| 4 Bedrooms | $262K | $247.2K | -5.6% |
| 5+ Bedrooms | - | $230K | N/A |
Summary: Pontoon Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 27%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Nameoki Township | $149.2K | $169K | +13.2% |
| Granite City | $117K | $122.7K | +4.9% |
| Granite City Township | $117K | $122.7K | +4.9% |
| Chouteau Township | $120K | $125.1K | +4.3% |
| Pontoon Beach | $179K | $182.5K | +2.0% |
Housing Supply in Pontoon Beach, IL
How many homes are available in Pontoon Beach, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The Pontoon Beach real estate market had 20 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pontoon Beach 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 increased by 100%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pontoon Beach, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Pontoon Beach in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 105 Days | +230.5% |
Summary: Homes in Pontoon Beach had an average of 105 days on market in Oct 2024, up by 230.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pontoon Beach has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Pontoon Beach; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.