Is Carlinville, 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, Carlinville has remained a Seller'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
$110,000
$66/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Carlinville have sold for 33.7% more than they did a year ago.
Summary: The median home sold price in Carlinville was $110,000 in May 2024, up 33.7% from last year, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56.2K | - | N/A |
| 2 Bedrooms | $59K | $68K | +15.3% |
| 3 Bedrooms | $95K | $97.4K | +2.6% |
| 4 Bedrooms | $185K | $152K | -17.8% |
| 5+ Bedrooms | $206K | $175K | -15.0% |
Summary: Carlinville 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 15.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes decreased by 15%.
Median Sold Price Compared To Nearby Cities
| Carlinville | $82.2K | $110K | +33.7% |
| Carlinville Township | $84.5K | $110K | +30.2% |
Housing Supply in Carlinville, IL
How many homes are available in Carlinville, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The Carlinville real estate market had 25 homes for sale in May 2024, a 4.2% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Carlinville 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 remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Carlinville, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Carlinville in May 2024, up by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 78 Days | 53 Days | -32.3% |
Summary: Homes in Carlinville had an average of 53 days on market in May 2024, down by 32.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carlinville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 8 homes were sold in Carlinville; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.