Housing Prices in Rankin, IL

How much do homes in Rankin, IL cost?

Median List Price

$69,900

$43/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$25,050(-26.4%)

Key Takeaway

The list price of homes in Rankin has decreased by 26.4% since September.

Summary: The median home list price in Rankin was $69,900 in October 2024, down 26.4% from the previous month, and the median price per square foot was $43.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$69.9K
N/A
4 $94.9K$94.9K
0.0%
5+ --
N/A

Summary: Rankin 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.

Housing Supply in Rankin, IL

How many homes are available in Rankin, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23+50.0%

Summary: The Rankin real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Rankin 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Rankin, IL

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

Average Listing Age

Sep 2024Oct 2024CHANGE
66 Days62 Days-6.3%

Summary: Homes in Rankin had an average listing age of 62 days in Oct 2024, down by 6.3% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Rankin, IL

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