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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carbondale is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Carbondale, IL

How much do homes in Carbondale, IL cost?

Median Sold Price

$155,530

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$33,030(+27.0%)

Key Takeaway

Homes in Carbondale have sold for 27% more than they did a year ago.

Summary: The median home sold price in Carbondale was $155,530 in December 2024, up 27% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$31K
N/A
2 $71.4K$55.5K
-22.1%
3 $129.7K$147K
+13.3%
4 $167.5K$238.4K
+42.4%
5+ $288.4K$340K
+17.9%

Summary: Carbondale housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes increased by 17.9%.

Median Sold Price Compared To Nearby Cities

Carbondale Township
+27.1%
Carbondale
+27.0%
Murphysboro Township
-4.9%

Housing Supply in Carbondale, IL

How many homes are available in Carbondale, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
115116+0.9%

Summary: The Carbondale real estate market had 116 homes for sale in December 2024, a 0.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 1920
+5.3%
3 6161
0.0%
4 2524
-4.0%
5+ 911
+22.2%

Summary: The Carbondale housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 5.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1225+108.3%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carbondale, you may be able to get a good deal. 76% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Carbondale in December 2024, up by 108.3% month-over-month. Of the 25 sold homes, 76% were sold under asking, 20% were sold at asking, and 4% were sold over asking.

Days on Market for Carbondale, IL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
49 Days71 Days+44.9%

Summary: Homes in Carbondale had an average of 71 days on market in Dec 2024, up by 44.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 25 homes were sold in Carbondale; 36% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 32% 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 15 Days Ago

Newest Listings in Carbondale, IL

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