Is Moro, 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, Moro has remained a Seller's Market.
Housing Prices in Moro, IL
How much do homes in Moro, IL cost?
Median Sold Price
$225,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Moro was $225,000 in April 2024, up 20% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $47K | N/A |
2 Bedrooms | $115K | $250K | +117.4% |
3 Bedrooms | $165K | $205.5K | +24.5% |
4 Bedrooms | $295K | $305K | +3.4% |
5+ Bedrooms | $747.5K | $235K | -68.6% |
Summary: Moro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 117.4%, 3 bedroom homes increased by 24.5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 68.6%.
Median Sold Price Compared To Nearby Cities
Moro | $187.5K | $225K | +20.0% |
Fort Russell Township | $247K | $285K | +15.4% |
Bethalto | $175K | $181.4K | +3.7% |
Moro Township | $265K | $264.5K | -0.2% |
Housing Supply in Moro, IL
How many homes are available in Moro, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 3 | -57.1% |
Summary: The Moro real estate market had 3 homes for sale in April 2024, a 57.1% decrease 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 | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 2 | -60.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Moro 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 decreased by 60%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Moro in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Moro, IL
How long does it take to sell a home in Moro, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 2 Days | -96.2% |
Summary: Homes in Moro had an average of 2 days on market in Apr 2024, down by 96.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Moro; 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.