$1,176 Closing Credit*
$99,000
974 SqFt
2 Beds
•1 Full Bath
Listing Office: Tarrant And Harman Real Estate
Is Roxana, 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, Roxana has remained a Seller's Market.
Key Takeaway
Roxana is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Roxana, IL
How much do homes in Roxana, IL cost?
Median Sold Price
$102,749
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,849(+8.3%)
Key Takeaway
Homes in Roxana have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Roxana was $102,749 in October 2024, up 8.3% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $59K | $37.9K | -35.8% |
| 2 Bedrooms | $75K | $83K | +10.7% |
| 3 Bedrooms | $135K | $155K | +14.8% |
| 4 Bedrooms | $94.9K | $272.5K | +187.1% |
| 5+ Bedrooms | - | $370K | N/A |
Summary: Roxana housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.8%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 187.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wood River | $108.5K | $125K | +15.2% |
| Roxana | $94.9K | $102.7K | +8.3% |
| Fort Russell Township | $270.7K | $250K | -7.7% |
| South Roxana | $87.3K | $74.7K | -14.4% |
Housing Supply in Roxana, IL
How many homes are available in Roxana, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The Roxana real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Roxana 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roxana, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Roxana in October 2024, up by 100.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Roxana, IL
How long does it take to sell a home in Roxana, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 17 Days | -49.4% |
Summary: Homes in Roxana had an average of 17 days on market in Oct 2024, down by 49.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Roxana are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Roxana; 60% of homes were sold within 30 days, 40% 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.