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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caledonia is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Caledonia has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Caledonia, IL

How much do homes in Caledonia, IL cost?

Median Sold Price

$1,200,000

$171/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$795,000(+196.3%)

Key Takeaway

Homes in Caledonia have sold for 196.3% more than they did a month ago.

Summary: The median home sold price in Caledonia was $1,200,000 in March 2024, up 196.3% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $260K-
N/A
4 $550K-
N/A
5+ -$1.2M
N/A

Summary: Caledonia housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Caledonia, IL

How many homes are available in Caledonia, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
45+25.0%

Summary: The Caledonia real estate market had 5 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 11
0.0%
5+ 02
+100.0%

Summary: The Caledonia 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caledonia, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Caledonia in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Caledonia, IL

We’re sorry, we don't have information for this market at the moment

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

Report Updated 19 Days Ago

Newest Listings in Caledonia, IL

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