Is Bond County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bond County was a Seller's Market.
Housing Prices in Bond County, IL
How much do homes in Bond County, IL cost?
Median Sold Price
$147,250
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bond County was $147,250 in April 2024, up 6.7% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84K | $92.5K | +10.1% |
2 Bedrooms | $78K | $104.5K | +34.0% |
3 Bedrooms | $146K | $171.4K | +17.4% |
4 Bedrooms | $229K | $207.5K | -9.4% |
5+ Bedrooms | $173.2K | $236K | +36.2% |
Summary: Bond County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes increased by 34%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 36.2%.
Median Sold Price Compared To Nearby Counties
Montgomery County | $91.5K | $105.5K | +15.3% |
Clinton County | $179.9K | $193.2K | +7.4% |
Bond County | $138K | $147.2K | +6.7% |
Madison County | $168.1K | $174.6K | +3.9% |
Fayette County | $123K | $115K | -6.5% |
Housing Supply in Bond County, IL
How many homes are available in Bond County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 50 | +8.7% |
Summary: The Bond County real estate market had 50 homes for sale in April 2024, a 8.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 24 | 27 | +12.5% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Bond County 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 increased by 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 5 | -50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Bond County in April 2024, down by 50.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bond County, IL
How long does it take to sell a home in Bond County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 66 Days | +19.2% |
Summary: Homes in Bond County had an average of 66 days on market in Apr 2024, up by 19.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Bond County; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.