Is Atlanta, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Atlanta was a Neutral Market.
Housing Prices in Atlanta, IL
How much do homes in Atlanta, IL cost?
Median Sold Price
$158,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Atlanta was $158,000 in March 2024, up 26.4% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $37.5K | $70K | +86.7% |
2 Bedrooms | $116K | $100K | -13.8% |
3 Bedrooms | $125K | $157K | +25.6% |
4 Bedrooms | $245K | $187.4K | -23.5% |
5+ Bedrooms | - | $225K | N/A |
Summary: Atlanta housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.7%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 25.6%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Atlanta Township | $125K | $159K | +27.2% |
Atlanta | $125K | $158K | +26.4% |
Housing Supply in Atlanta, IL
How many homes are available in Atlanta, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Summary: The Atlanta real estate market had 12 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Atlanta 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 increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Atlanta in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Atlanta, IL
How long does it take to sell a home in Atlanta, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
109 Days | 18 Days | -82.8% |
Summary: Homes in Atlanta had an average of 18 days on market in Mar 2024, down by 82.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Atlanta; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.