Is Caseyville, 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 has remained a Seller's Market.
Key Takeaway
Caseyville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Caseyville, IL
How much do homes in Caseyville, IL cost?
Median Sold Price
$260,025
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Caseyville have sold for 51.6% more than they did a year ago.
Summary: The median home sold price in Caseyville was $260,025 in May 2024, up 51.6% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $225K | N/A |
| 2 Bedrooms | $85.5K | $112.8K | +31.9% |
| 3 Bedrooms | $145K | $222.6K | +53.6% |
| 4 Bedrooms | $340K | $400K | +17.6% |
| 5+ Bedrooms | $602.4K | $515K | -14.5% |
Summary: Caseyville 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 31.9%, 3 bedroom homes increased by 53.6%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 14.5%.
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% |
| Canteen Township | $80.2K | $64K | -20.2% |
Housing Supply in Caseyville, IL
How many homes are available in Caseyville, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 65 | 66 | +1.5% |
Summary: The Caseyville real estate market had 66 homes for sale in May 2024, a 1.5% 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 | 12 | 12 | 0.0% |
| 3 Bedrooms | 43 | 44 | +2.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Caseyville 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 remained the same, 3 bedroom homes increased by 2.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caseyville, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Caseyville in May 2024, up by 71.4% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for Caseyville, IL
How long does it take to sell a home in Caseyville, IL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 55 Days | 100 Days | +80.8% |
Summary: Homes in Caseyville had an average of 100 days on market in May 2024, up by 80.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Caseyville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Caseyville; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.