Is Abingdon, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Abingdon was a Buyer's Market.
Key Takeaway
Abingdon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Abingdon, IL
How much do homes in Abingdon, IL cost?
Median Sold Price
$81,450
$59/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Abingdon have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in Abingdon was $81,450 in March 2024, up 21.5% from last year, and the median price per square foot was $59.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $35K | N/A |
| 2 Bedrooms | $59.9K | $36.7K | -38.7% |
| 3 Bedrooms | $79.5K | $91K | +14.5% |
| 4 Bedrooms | $63K | $121.7K | +93.2% |
| 5+ Bedrooms | $101.9K | $75K | -26.4% |
Summary: Abingdon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.7%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 93.2%, and 5+ bedroom homes decreased by 26.4%.
Median Sold Price Compared To Nearby Cities
| Abingdon | $67K | $81.4K | +21.5% |
| Indian Point Township | $75.2K | $79.9K | +6.2% |
Housing Supply in Abingdon, IL
How many homes are available in Abingdon, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 12 | +9.1% |
Summary: The Abingdon real estate market had 12 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Abingdon housing inventory by bedroom type for March 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 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Abingdon, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Abingdon in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Abingdon, IL
How long does it take to sell a home in Abingdon, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 3 Days | 82 Days | +2650.0% |
Summary: Homes in Abingdon had an average of 82 days on market in Mar 2024, up by 2650% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Abingdon are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Abingdon; 50% of homes were sold within 30 days, 25% 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.