Is Bond County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bond County has remained a Seller's Market.
Housing Prices in Bond County, IL
How much do homes in Bond County, IL cost?
Median Sold Price
$151,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bond County was $151,000 in March 2024, up 7.9% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84K | $92.5K | +10.1% |
2 Bedrooms | $74K | $92.5K | +25.0% |
3 Bedrooms | $142.2K | $170.2K | +19.7% |
4 Bedrooms | $229K | $207.5K | -9.4% |
5+ Bedrooms | $173.2K | $236K | +36.2% |
Summary: Bond County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 19.7%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 36.2%.
Median Sold Price Compared To Nearby Counties
Montgomery County | $90K | $105.5K | +17.2% |
Clinton County | $179.3K | $195K | +8.8% |
Bond County | $140K | $151K | +7.9% |
Madison County | $164.9K | $174.8K | +6.0% |
Fayette County | $117.2K | $115K | -1.9% |
Housing Supply in Bond County, IL
How many homes are available in Bond County, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 49 | +8.9% |
Summary: The Bond County real estate market had 49 homes for sale in March 2024, a 8.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 12 | 9 | -25.0% |
3 Bedrooms | 23 | 25 | +8.7% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Bond County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Bond County in March 2024, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Bond County, IL
How long does it take to sell a home in Bond County, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
112 Days | 77 Days | -31.3% |
Summary: Homes in Bond County had an average of 77 days on market in Mar 2024, down by 31.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Bond County; 22% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.