Is Saint Elmo, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Elmo is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Saint Elmo was a Neutral Market.

Key Takeaway

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

Housing Prices in Saint Elmo, IL

How much do homes in Saint Elmo, IL cost?

Median Sold Price

$136,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$1,000(+0.7%)

Key Takeaway

Homes in Saint Elmo have sold for 0.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $135K-
N/A
4 -$136K
N/A
5+ --
N/A

Summary: Saint Elmo housing prices by bedroom type for November 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

Saint Elmo
+0.7%
Avena Township
+0.7%

Housing Supply in Saint Elmo, IL

How many homes are available in Saint Elmo, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The Saint Elmo real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 32
-33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Saint Elmo 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 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 Saint Elmo, 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 Saint Elmo in November 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 Saint Elmo, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
8 Days7 Days-12.5%

Summary: Homes in Saint Elmo had an average of 7 days on market in Nov 2024, down by 12.5% 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 Saint Elmo are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Saint Elmo; 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 21 Days Ago

Newest Listings in Saint Elmo, IL

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