Is Thebes, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thebes is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Thebes, IL

How much do homes in Thebes, IL cost?

Median Sold Price

$77,000

$57/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$78,000(-50.3%)

Key Takeaway

Homes in Thebes have sold for 50.3% less than they did a month ago.

Summary: The median home sold price in Thebes was $77,000 in October 2024, down 50.3% from last month, and the median price per square foot was $57.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $155K$77K
-50.3%
4 --
N/A
5+ --
N/A

Summary: Thebes 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 decreased by 50.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Thebes, IL

How many homes are available in Thebes, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
53-40.0%

Summary: The Thebes real estate market had 3 homes for sale in October 2024, a 40.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 52
-60.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Thebes housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

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 Thebes, 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 Thebes in October 2024, down by 66.7% 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 Thebes, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
15 Days14 Days-8.7%

Summary: Homes in Thebes had an average of 14 days on market in Oct 2024, down by 8.7% 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 Thebes are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Thebes; 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 14 Days Ago

Newest Listings in Thebes, IL

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