Is Blairsville, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blairsville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Blairsville has remained a Seller's Market.

Key Takeaway

Blairsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Blairsville, IL

How much do homes in Blairsville, IL cost?

Median Sold Price

$119,000

$75/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$6,000(-4.8%)

Key Takeaway

Homes in Blairsville have sold for 4.8% less than they did a year ago.

Summary: The median home sold price in Blairsville was $119,000 in May 2024, down 4.8% from last year, and the median price per square foot was $75.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$25K
N/A
2 $65.7K$66K
0.4%
3 $149K$164K
+10.1%
4 $237.7K$325K
+36.7%
5+ $125K$340K
+172.0%

Summary: Blairsville 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 0.4%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes increased by 172%.

Median Sold Price Compared To Nearby Cities

Carterville
+2.7%
Blairsville
-4.8%

Housing Supply in Blairsville, IL

How many homes are available in Blairsville, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2226+18.2%

Summary: The Blairsville real estate market had 26 homes for sale in May 2024, a 18.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 812
+50.0%
4 11
0.0%
5+ 33
0.0%

Summary: The Blairsville 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blairsville, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Blairsville in May 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Blairsville, IL

How long does it take to sell a home in Blairsville, IL?

Average Sale Time

May 2023May 2024CHANGE
19 Days76 Days+291.8%

Summary: Homes in Blairsville had an average of 76 days on market in May 2024, up by 291.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blairsville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 8 homes were sold in Blairsville; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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