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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Antioch is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Antioch has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Antioch, IL

How much do homes in Antioch, IL cost?

Median Sold Price

$325,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$15,000(+4.8%)

Key Takeaway

Homes in Antioch have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Antioch was $325,000 in February 2024, up 4.8% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $175K$135K
-22.8%
2 $205K$216.4K
+5.6%
3 $280K$310K
+10.7%
4 $343K$368.7K
+7.5%
5+ $375K$460K
+22.7%

Summary: Antioch housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.8%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 22.7%.

Median Sold Price Compared To Nearby Cities

Antioch Township
+9.7%
Salem
+6.7%
Trevor
+6.3%
Antioch
+4.8%
Newport Township
-1.0%

Housing Supply in Antioch, IL

How many homes are available in Antioch, IL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7787+13.0%

Summary: The Antioch real estate market had 87 homes for sale in February 2024, a 13.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 1316
+23.1%
3 2930
+3.4%
4 2728
+3.7%
5+ 712
+71.4%

Summary: The Antioch housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 71.4%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
16160.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Antioch, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Antioch in February 2024, the same as the previous month. Of the 16 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.

Days on Market for Antioch, IL

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

Average Sale Time

Feb 2023Feb 2024CHANGE
39 Days38 Days-3.1%

Summary: Homes in Antioch had an average of 38 days on market in Feb 2024, down by 3.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 16 homes were sold in Antioch; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% 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 27 Days Ago

Newest Listings in Antioch, IL

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