Housing Prices in Rankin, IL

How much do homes in Rankin, IL cost?

Median List Price

$64,250

$46/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

-$25,700(-28.6%)

Key Takeaway

The list price of homes in Rankin has decreased by 28.6% since March.

Summary: The median home list price in Rankin was $64,250 in April 2024, down 28.6% from the previous month, and the median price per square foot was $46.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $89.9K$64.2K
-28.6%
4 --
N/A
5+ --
N/A

Summary: Rankin housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 28.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rankin, IL

How many homes are available in Rankin, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
220.0%

Summary: The Rankin real estate market had 2 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Rankin housing inventory by bedroom type for April 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 remained the same, and 5+ bedroom homes remained the same.

Days on Market for Rankin, IL

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

Average Listing Age

Mar 2024Apr 2024CHANGE
69 Days17 Days-74.6%

Summary: Homes in Rankin had an average listing age of 17 days in Apr 2024, down by 74.6% compared to the previous month.

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

Report Updated Apr 1, 2024

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