Is White County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White County is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, White County was a Seller's Market.

Key Takeaway

White County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in White County, IL

How much do homes in White County, IL cost?

Median Sold Price

$88,750

$68/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,250(-6.6%)

Key Takeaway

Homes in White County have sold for 6.6% less than they did a year ago.

Summary: The median home sold price in White County was $88,750 in October 2024, down 6.6% from last year, and the median price per square foot was $68.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $130K-
N/A
2 $61.1K$62.5K
+2.3%
3 $112.4K$123K
+9.4%
4 $222.5K$143K
-35.7%
5+ -$450K
N/A

Summary: White County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Hamilton County
+6.7%
White County
-6.6%

Housing Supply in White County, IL

How many homes are available in White County, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1617+6.3%

Summary: The White County real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1213
+8.3%
4 21
-50.0%
5+ 01
+100.0%

Summary: The White County 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 increased by 8.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 White County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in White County in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for White County, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days36 Days+182.4%

Summary: Homes in White County had an average of 36 days on market in Oct 2024, up by 182.4% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in White County has remained consistent over time.

Summary: During October 2024, 2 homes were sold in White County; 0% of homes were sold within 30 days, 50% 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 4 Days Ago

Newest Listings in White County, IL

Nearby Markets to White County, IL

What housing markets are near White County, IL?