Is Carlinville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Carlinville was a Buyer's Market.
Key Takeaway
Carlinville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carlinville, IL
How much do homes in Carlinville, IL cost?
Median Sold Price
$119,500
$73/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Carlinville have sold for 25.8% more than they did a year ago.
Summary: The median home sold price in Carlinville was $119,500 in April 2024, up 25.8% from last year, and the median price per square foot was $73.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42.5K | $70K | +64.7% |
| 2 Bedrooms | $79K | $42.5K | -46.2% |
| 3 Bedrooms | $100K | $105.2K | +5.2% |
| 4 Bedrooms | $185K | $155.9K | -15.7% |
| 5+ Bedrooms | $195K | $206K | +5.6% |
Summary: Carlinville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.7%, 2 bedroom homes decreased by 46.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 15.7%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Carlinville | $95K | $119.5K | +25.8% |
| Carlinville Township | $96.5K | $119.5K | +23.8% |
Housing Supply in Carlinville, IL
How many homes are available in Carlinville, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The Carlinville real estate market had 27 homes for sale in April 2024, a 17.4% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Carlinville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carlinville, 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 Carlinville in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Carlinville, IL
How long does it take to sell a home in Carlinville, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 103 Days | 69 Days | -32.4% |
Summary: Homes in Carlinville had an average of 69 days on market in Apr 2024, down by 32.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Carlinville has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Carlinville; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.