Is Anna District 2, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anna District 2 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Anna District 2 was a Neutral Market.

Key Takeaway

Anna District 2 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Anna District 2, IL

How much do homes in Anna District 2, IL cost?

Median Sold Price

$64,950

$45/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$5,050(-7.2%)

Key Takeaway

Homes in Anna District 2 have sold for 7.2% less than they did a month ago.

Summary: The median home sold price in Anna District 2 was $64,950 in March 2024, down 7.2% from last month, and the median price per square foot was $45.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $70K$95K
+35.7%
3 -$34.9K
N/A
4 --
N/A
5+ --
N/A

Summary: Anna District 2 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 35.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jonesboro
+58.8%
Anna District 2
-7.2%

Housing Supply in Anna District 2, IL

How many homes are available in Anna District 2, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
79+28.6%

Summary: The Anna District 2 real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 44
0.0%
3 23
+50.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Anna District 2 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

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 District 2, 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 District 2 in March 2024, up by 100.0% 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 District 2, IL

How long does it take to sell a home in Anna District 2, IL?

Average Sale Time

Feb 2024Mar 2024CHANGE
101 Days5 Days-94.6%

Summary: Homes in Anna District 2 had an average of 5 days on market in Mar 2024, down by 94.6% compared to last month.

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 District 2 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Anna District 2; 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 18 Days Ago

Newest Listings in Anna District 2, IL

Nearby Markets to Anna District 2, IL