Is Stillman Valley, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stillman Valley is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Stillman Valley, IL

How much do homes in Stillman Valley, IL cost?

Median Sold Price

$239,000

$151/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$20,000(-7.7%)

Key Takeaway

Homes in Stillman Valley have sold for 7.7% less than they did a month ago.

Summary: The median home sold price in Stillman Valley was $239,000 in November 2024, down 7.7% from last month, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $125K-
N/A
3 $478K$239K
-50.0%
4 $272.2K-
N/A
5+ --
N/A

Summary: Stillman Valley 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 decreased by 50%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Stillman Valley, IL

How many homes are available in Stillman Valley, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
125-58.3%

Summary: The Stillman Valley real estate market had 5 homes for sale in November 2024, a 58.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 63
-50.0%
4 31
-66.7%
5+ 11
0.0%

Summary: The Stillman Valley 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 decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stillman Valley, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Stillman Valley in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Stillman Valley, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
70 Days16 Days-76.9%

Summary: Homes in Stillman Valley had an average of 16 days on market in Nov 2024, down by 76.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Stillman Valley; 67% of homes were sold within 30 days, 33% 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 Stillman Valley, IL

Nearby Markets to Stillman Valley, IL