$974 Closing Credit*
$82,000
1,216 SqFt
2 Beds
•1 Full Bath
Dale Fleming, Listing Office: Gallery Homes Real Estate
Is Sparland, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Sparland has remained a Seller's Market.
Key Takeaway
Sparland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sparland, IL
How much do homes in Sparland, IL cost?
Median Sold Price
$190,000
$151/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$6,750(-3.4%)
Key Takeaway
Homes in Sparland have sold for 3.4% less than they did a month ago.
Summary: The median home sold price in Sparland was $190,000 in October 2024, down 3.4% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $160K | - | N/A |
| 4 Bedrooms | $233.5K | $190K | -18.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Sparland 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 decreased by 18.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sparland | $196.7K | $190K | -3.4% |
| Steuben Township | $229.2K | $190K | -17.1% |
Housing Supply in Sparland, IL
How many homes are available in Sparland, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Summary: The Sparland real estate market had 2 homes for sale in October 2024, a 33.3% decrease 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sparland 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 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sparland, 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 Sparland in October 2024, down by 50.0% month-over-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 Sparland, IL
How long does it take to sell a home in Sparland, IL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 33 Days | +100.0% |
Summary: Homes in Sparland had an average of 33 days on market in Oct 2024, up by 100% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sparland has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Sparland; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.