Is Saline County, 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, Saline County was a Seller's Market.
Housing Prices in Saline County, IL
How much do homes in Saline County, IL cost?
Median Sold Price
$79,950
$61/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Saline County was $79,950 in April 2024, down 3.7% from last year, and the median price per square foot was $61.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $64K | $30K | -53.1% |
2 Bedrooms | $51.4K | $54K | +5.1% |
3 Bedrooms | $109K | $90K | -17.4% |
4 Bedrooms | $147.7K | $159K | +7.7% |
5+ Bedrooms | $115K | $59K | -48.7% |
Summary: Saline County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.1%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 48.7%.
Median Sold Price Compared To Nearby Counties
Williamson County | $146.6K | $163.4K | +11.5% |
Franklin County | $89K | $87.5K | -1.7% |
Saline County | $83K | $79.9K | -3.7% |
Housing Supply in Saline County, IL
How many homes are available in Saline County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 68 | -2.9% |
Summary: The Saline County real estate market had 68 homes for sale in April 2024, a 2.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 26 | 21 | -19.2% |
3 Bedrooms | 30 | 35 | +16.7% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Saline County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 19.2%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 11 | -31.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Saline County in April 2024, down by 31.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Saline County, IL
How long does it take to sell a home in Saline County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 53 Days | -13.1% |
Summary: Homes in Saline County had an average of 53 days on market in Apr 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Saline County; 64% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.