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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thomasboro is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Thomasboro, IL

How much do homes in Thomasboro, IL cost?

Median Sold Price

$179,900

$124/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$47,800(-21.0%)

Key Takeaway

Homes in Thomasboro have sold for 21% less than they did a month ago.

Summary: The median home sold price in Thomasboro was $179,900 in October 2024, down 21% from last month, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $195.4K-
N/A
3 -$179.9K
N/A
4 --
N/A
5+ $260K-
N/A

Summary: Thomasboro 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.

Housing Supply in Thomasboro, IL

How many homes are available in Thomasboro, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The Thomasboro real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 34
+33.3%
4 01
+100.0%
5+ 10
-100.0%

Summary: The Thomasboro 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 decreased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thomasboro, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Thomasboro in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Thomasboro, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
6 Days8 Days+33.3%

Summary: Homes in Thomasboro had an average of 8 days on market in Oct 2024, up by 33.3% 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 Thomasboro are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Thomasboro; 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 21 Days Ago

Newest Listings in Thomasboro, IL

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