Is Caseyville Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Caseyville Township has remained a Seller's Market.
Housing Prices in Caseyville Township, IL
How much do homes in Caseyville Township, IL cost?
Median Sold Price
$248,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Caseyville Township was $248,000 in May 2024, up 12.7% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $45.5K | N/A |
2 Bedrooms | $125K | $129.9K | +3.9% |
3 Bedrooms | $185K | $220K | +18.9% |
4 Bedrooms | $325K | $372.4K | +14.6% |
5+ Bedrooms | $442.5K | $471.5K | +6.6% |
Summary: Caseyville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Cities
Caseyville | $171.5K | $260K | +51.6% |
Caseyville Township | $220K | $248K | +12.7% |
Fairview Heights | $179.9K | $200K | +11.1% |
Collinsville | $163K | $175.6K | +7.8% |
O'Fallon | $299.8K | $315K | +5.0% |
Housing Supply in Caseyville Township, IL
How many homes are available in Caseyville Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
187 | 194 | +3.7% |
Summary: The Caseyville Township real estate market had 194 homes for sale in May 2024, a 3.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 29 | 26 | -10.3% |
3 Bedrooms | 93 | 100 | +7.5% |
4 Bedrooms | 49 | 49 | 0.0% |
5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The Caseyville Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 49 | +40.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Caseyville Township in May 2024, up by 40.0% month-over-month. Of the 49 sold homes, 24% were sold under asking, 16% were sold at asking, and 59% were sold over asking.
Days on Market for Caseyville Township, IL
How long does it take to sell a home in Caseyville Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 54 Days | +26.7% |
Summary: Homes in Caseyville Township had an average of 54 days on market in May 2024, up by 26.7% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 49 homes were sold in Caseyville Township; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.