Is Rushville, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rushville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Rushville has remained a Seller's Market.

Key Takeaway

Rushville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rushville, IL

How much do homes in Rushville, IL cost?

Median Sold Price

$33,000

$39/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$226,900(-87.3%)

Key Takeaway

Homes in Rushville have sold for 87.3% less than they did a month ago.

Summary: The median home sold price in Rushville was $33,000 in October 2024, down 87.3% from last month, and the median price per square foot was $39.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$33K
N/A
3 $259.9K-
N/A
4 --
N/A
5+ --
N/A

Summary: Rushville 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.

Median Sold Price Compared To Nearby Cities

Rushville
-87.3%
Rushville Township
-87.3%

Housing Supply in Rushville, IL

How many homes are available in Rushville, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
31-66.7%

Summary: The Rushville real estate market had 1 homes for sale in October 2024, a 66.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 10
-100.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Rushville 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 decreased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rushville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Rushville in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rushville, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
3 Days19 Days+533.3%

Summary: Homes in Rushville had an average of 19 days on market in Oct 2024, up by 533.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rushville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Rushville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 9 Days Ago

Newest Listings in Rushville, IL