Is Anna, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anna is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Anna was a Seller's Market.

Key Takeaway

Anna is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Anna, IL

How much do homes in Anna, IL cost?

Median Sold Price

$141,000

$80/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$42,500(+43.1%)

Key Takeaway

Homes in Anna have sold for 43.1% more than they did a year ago.

Summary: The median home sold price in Anna was $141,000 in March 2024, up 43.1% from last year, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $13.4K-
N/A
2 $49K$83K
+69.4%
3 $126.2K$151K
+19.7%
4 $162.5K$232.3K
+43.0%
5+ -$360K
N/A

Summary: Anna 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 increased by 69.4%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 43%, and 5+ bedroom homes did not change.

Housing Supply in Anna, IL

How many homes are available in Anna, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2930+3.4%

Summary: The Anna real estate market had 30 homes for sale in March 2024, a 3.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 1313
0.0%
3 1111
0.0%
4 33
0.0%
5+ 01
+100.0%

Summary: The Anna 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anna, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Anna in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Anna, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
86 Days5 Days-93.6%

Summary: Homes in Anna had an average of 5 days on market in Mar 2024, down by 93.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Anna are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Anna; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 26 Days Ago

Newest Listings in Anna, IL

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