$1,899 Closing Credit*
$159,900
1,801 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Marquee
Is South 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, South Roxana has remained a Seller's Market.
Key Takeaway
South Roxana is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Roxana, IL
How much do homes in South Roxana, IL cost?
Median Sold Price
$74,750
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$12,550(-14.4%)
Key Takeaway
Homes in South Roxana have sold for 14.4% less than they did a year ago.
Summary: The median home sold price in South Roxana was $74,750 in October 2024, down 14.4% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $73K | $35K | -52.1% |
| 3 Bedrooms | $120K | $104.7K | -12.7% |
| 4 Bedrooms | $65.9K | - | N/A |
| 5+ Bedrooms | $205K | $26K | -87.3% |
Summary: South Roxana housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 52.1%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 87.3%.
Median Sold Price Compared To Nearby Cities
| Wood River Township | $114.9K | $133.2K | +15.9% |
| Roxana | $94.9K | $102.7K | +8.3% |
| Edwardsville | $303.9K | $318K | +4.6% |
| Chouteau Township | $120K | $125.1K | +4.3% |
| South Roxana | $87.3K | $74.7K | -14.4% |
Housing Supply in South Roxana, IL
How many homes are available in South Roxana, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Summary: The South Roxana real estate market had 6 homes for sale in October 2024, a 100.0% 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 | 2 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Roxana, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in South Roxana in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for South Roxana, IL
How long does it take to sell a home in South Roxana, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 42 Days | -2.3% |
Summary: Homes in South Roxana had an average of 42 days on market in Oct 2024, down by 2.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Roxana are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in South Roxana; 50% of homes were sold within 30 days, 50% 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.