$352,000
40.00 Acres
Land
JESSICA LINDHORST, Listing Office: Heavenly Homes Real Estate
Is Thompsonville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Thompsonville was a Buyer's Market.
Key Takeaway
Thompsonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Thompsonville, IL
How much do homes in Thompsonville, IL cost?
Median Sold Price
$119,100
$94/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$26,900(-18.4%)
Key Takeaway
Homes in Thompsonville have sold for 18.4% less than they did a month ago.
Summary: The median home sold price in Thompsonville was $119,100 in October 2024, down 18.4% from last month, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $146K | $119.1K | -18.4% |
| 3 Bedrooms | - | $69K | N/A |
| 4 Bedrooms | - | $149K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Thompsonville 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 decreased by 18.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Thompsonville | $146K | $119.1K | -18.4% |
| Cave Township | $181K | $119.1K | -34.2% |
Housing Supply in Thompsonville, IL
How many homes are available in Thompsonville, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Thompsonville real estate market had 11 homes for sale in October 2024, a 22.2% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Thompsonville 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 remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Thompsonville, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Thompsonville in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Thompsonville, IL
How long does it take to sell a home in Thompsonville, IL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 11 Days | +180.0% |
Summary: Homes in Thompsonville had an average of 11 days on market in Oct 2024, up by 180% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Thompsonville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Thompsonville; 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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.