Is Bethalto, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bethalto has remained a Seller's Market.
Housing Prices in Bethalto, IL
How much do homes in Bethalto, IL cost?
Median Sold Price
$181,450
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bethalto was $181,450 in April 2024, up 3.7% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $54.9K | $47K | -14.5% |
2 Bedrooms | $117K | $115K | -1.7% |
3 Bedrooms | $179.9K | $180K | 0.1% |
4 Bedrooms | $250K | $307.5K | +23.0% |
5+ Bedrooms | $345K | $342K | -0.9% |
Summary: Bethalto housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.5%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 23%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Cities
Moro | $187.5K | $225K | +20.0% |
Wood River | $99.2K | $116K | +16.9% |
Wood River Township | $109K | $125.1K | +14.8% |
Bethalto | $175K | $181.4K | +3.7% |
Housing Supply in Bethalto, IL
How many homes are available in Bethalto, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 41 | +10.8% |
Summary: The Bethalto real estate market had 41 homes for sale in April 2024, a 10.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 19 | 25 | +31.6% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Bethalto housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 15 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Bethalto in April 2024, up by 50.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Bethalto, IL
How long does it take to sell a home in Bethalto, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
93 Days | 50 Days | -46.3% |
Summary: Homes in Bethalto had an average of 50 days on market in Apr 2024, down by 46.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Bethalto; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.