Is Adams County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Adams County was a Neutral Market.
Housing Prices in Adams County, IL
How much do homes in Adams County, IL cost?
Median Sold Price
$136,250
$97/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Adams County was $136,250 in March 2024, up 0.2% from last month, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $67.5K | - | N/A |
2 Bedrooms | $106.5K | $125K | +17.4% |
3 Bedrooms | $175.7K | $130K | -26.0% |
4 Bedrooms | $143.5K | $199.7K | +39.2% |
5+ Bedrooms | $215K | $509.4K | +136.9% |
Summary: Adams County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.4%, 3 bedroom homes decreased by 26%, 4 bedroom homes increased by 39.2%, and 5+ bedroom homes increased by 136.9%.
Median Sold Price Compared To Nearby Counties
Pike County | $41.1K | $124.9K | +203.7% |
Adams County | $135.9K | $136.2K | 0.2% |
Hancock County | $245.2K | $27.5K | -88.8% |
Housing Supply in Adams County, IL
How many homes are available in Adams County, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
236 | 267 | +13.1% |
Summary: The Adams County real estate market had 267 homes for sale in March 2024, a 13.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 10 | +11.1% |
2 Bedrooms | 59 | 70 | +18.6% |
3 Bedrooms | 94 | 106 | +12.8% |
4 Bedrooms | 55 | 61 | +10.9% |
5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The Adams County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 66 | +94.1% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in Adams County in March 2024, up by 94.1% month-over-month. Of the 66 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for Adams County, IL
How long does it take to sell a home in Adams County, IL?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 54 Days | -11.5% |
Summary: Homes in Adams County had an average of 54 days on market in Mar 2024, down by 11.5% compared to last month.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During March 2024, 66 homes were sold in Adams County; 53% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.