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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlanta is a seller's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Atlanta was a Buyer's Market.

Key Takeaway

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

How much do homes in Atlanta, IL cost?

Median Sold Price

$113,000

$79/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

-$11,300(-9.1%)

Key Takeaway

Homes in Atlanta have sold for 9.1% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $83K$42K
-49.4%
2 $110K$91K
-17.3%
3 $129K$127.5K
-1.2%
4 $113.7K$155K
+36.2%
5+ $182.5K-
N/A

Median Sold Price Compared To Nearby Cities

Atlanta
-9.1%
Atlanta Township
-10.2%

How many homes are available in Atlanta, IL?

Number of Homes For Sale

Aug 2022Sep 2022%
1112+9.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 11
0.0%
3 99
0.0%
4 12
+100.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
28+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atlanta, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
6 Days5 Days-2.1%

Breakdown of Home Sale Times

8 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 Atlanta are selling fast, if you're buying plan to act quickly.

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

About Atlanta, IL

There are 12 homes are for sale in Atlanta, IL real estate market. Between August 2022 and September 2022, Atlanta, IL real estate market has seen increase in the number of listings by 9.1%. In September 2022 median list price was $113,000 and the average listing age was 5 days. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went down by 49.4%, prices of 2 bedrooms properties decreased by 17.3%, prices of 3 bedrooms properties went down by 1.2%, prices of 4 bedrooms properties went up by 36.2%, the cost of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory did not change, 3 bedrooms homes inventory did not change, number of 4 bedrooms homes increased by 100%, the quantity of 5 bedrooms homes have not changed. In September 2022 more than 4 listings in Atlanta, IL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 2 were sold below.