Is Douglas County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Douglas County has remained a Seller's Market.
Housing Prices in Douglas County, IL
How much do homes in Douglas County, IL cost?
Median Sold Price
$135,000
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Douglas County was $135,000 in April 2024, up 1.5% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $48.5K | $85.5K | +76.3% |
2 Bedrooms | $70K | $102.2K | +46.1% |
3 Bedrooms | $140K | $137K | -2.1% |
4 Bedrooms | $150K | $203.7K | +35.9% |
5+ Bedrooms | $137.5K | $84.5K | -38.5% |
Summary: Douglas County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.3%, 2 bedroom homes increased by 46.1%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes decreased by 38.5%.
Median Sold Price Compared To Nearby Counties
Piatt County | $180K | $224.9K | +24.9% |
Champaign County | $189.5K | $215.1K | +13.5% |
Douglas County | $133K | $135K | +1.5% |
Housing Supply in Douglas County, IL
How many homes are available in Douglas County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 36 | +2.9% |
Summary: The Douglas County real estate market had 36 homes for sale in April 2024, a 2.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 25 | 23 | -8.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Douglas 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 decreased by 8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Douglas County in April 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Douglas County, IL
How long does it take to sell a home in Douglas County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
53 Days | 47 Days | -10.3% |
Summary: Homes in Douglas County had an average of 47 days on market in Apr 2024, down by 10.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Douglas County; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.