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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canaryville is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Canaryville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Canaryville, IL

How much do homes in Canaryville, IL cost?

Median Sold Price

$327,500

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$12,500(-3.7%)

Key Takeaway

Homes in Canaryville have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in Canaryville was $327,500 in April 2024, down 3.7% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $409.5K$310K
-24.3%
3 $240K$353K
+47.1%
4 $290K$292K
+0.7%
5+ $347K$274.5K
-20.9%

Summary: Canaryville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.3%, 3 bedroom homes increased by 47.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 20.9%.

Median Sold Price Compared To Nearby Neighborhoods

Armour Square
+42.5%
New City
+16.7%
Bridgeport
+2.2%
Canaryville
-3.7%

Housing Supply in Canaryville, IL

How many homes are available in Canaryville, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1727+58.8%

Summary: The Canaryville real estate market had 27 homes for sale in April 2024, a 58.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 710
+42.9%
4 27
+250.0%
5+ 810
+25.0%

Summary: The Canaryville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 250%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canaryville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Canaryville in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Canaryville, IL

How long does it take to sell a home in Canaryville, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
44 Days112 Days+153.9%

Summary: Homes in Canaryville had an average of 112 days on market in Apr 2024, up by 153.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Canaryville are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in Canaryville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

Newest Listings in Canaryville, IL

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