Is Schuyler County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Schuyler County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Schuyler County was a Seller's Market.

Key Takeaway

Schuyler County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Schuyler County, IL

How much do homes in Schuyler County, 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 Schuyler County have sold for 87.3% less than they did a month ago.

Summary: The median home sold price in Schuyler County 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: Schuyler County 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 Counties

Cass County
-2.4%
Schuyler County
-87.3%

Housing Supply in Schuyler County, IL

How many homes are available in Schuyler County, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
57+40.0%

Summary: The Schuyler County real estate market had 7 homes for sale in October 2024, a 40.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 13
+200.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Schuyler County 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 33.3%, 3 bedroom homes increased by 200%, 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 Schuyler County, 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 Schuyler County 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 Schuyler County, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
3 Days19 Days+533.3%

Summary: Homes in Schuyler County 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 Schuyler County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Schuyler County; 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 2 Days Ago

Newest Listings in Schuyler County, IL

Nearby Markets to Schuyler County, IL

What housing markets are near Schuyler County, IL?