Is Athens North No. 2, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Athens North No. 2 has remained a Seller's Market.
Key Takeaway
Athens North No. 2 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Athens North No. 2, IL
How much do homes in Athens North No. 2, IL cost?
Median Sold Price
$165,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Athens North No. 2 have sold for 9.3% less than they did a year ago.
Summary: The median home sold price in Athens North No. 2 was $165,000 in May 2024, down 9.3% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | - | N/A |
| 2 Bedrooms | $97.5K | $129.9K | +33.2% |
| 3 Bedrooms | $182K | $165K | -9.3% |
| 4 Bedrooms | $219.9K | $196K | -10.9% |
| 5+ Bedrooms | $227.9K | - | N/A |
Summary: Athens North No. 2 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.2%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Athens South No. 1 | $134.5K | $165K | +22.7% |
| Athens | $162.4K | $165K | +1.6% |
| Athens North No. 2 | $182K | $165K | -9.3% |
| Fancy Creek Township | $295K | $250K | -15.3% |
Housing Supply in Athens North No. 2, IL
How many homes are available in Athens North No. 2, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Athens North No. 2 real estate market had 6 homes for sale in May 2024, a 25.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Athens North No. 2 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Athens North No. 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 Athens North No. 2 in May 2024, down by 50.0% 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 Athens North No. 2, IL
How long does it take to sell a home in Athens North No. 2, IL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 0 Days | 27 Days | +8000.0% |
Summary: Homes in Athens North No. 2 had an average of 27 days on market in May 2024, up by 8000% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Athens North No. 2 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Athens North No. 2; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.