Is Carterville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Carterville was a Seller's Market.
Key Takeaway
Carterville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Carterville, IL
How much do homes in Carterville, IL cost?
Median Sold Price
$187,450
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Carterville have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Carterville was $187,450 in May 2024, up 2.7% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $13K | $41.7K | +221.2% |
| 2 Bedrooms | $105.9K | $87.5K | -17.4% |
| 3 Bedrooms | $172.5K | $179.7K | +4.2% |
| 4 Bedrooms | $272.4K | $263K | -3.5% |
| 5+ Bedrooms | $402.4K | $490K | +21.8% |
Summary: Carterville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 221.2%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 21.8%.
Median Sold Price Compared To Nearby Cities
| Herrin | $99K | $115.5K | +16.7% |
| Carterville | $182.5K | $187.4K | +2.7% |
| Blairsville | $125K | $119K | -4.8% |
Housing Supply in Carterville, IL
How many homes are available in Carterville, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 39 | 45 | +15.4% |
Summary: The Carterville real estate market had 45 homes for sale in May 2024, a 15.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Carterville 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 increased by 12.5%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
4 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 Carterville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Carterville in May 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Carterville, IL
How long does it take to sell a home in Carterville, IL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 17 Days | 5 Days | -66.3% |
Summary: Homes in Carterville had an average of 5 days on market in May 2024, down by 66.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carterville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Carterville; 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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.