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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carbondale is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Carbondale was a Seller's Market.

Key Takeaway

Carbondale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Carbondale, IL

How much do homes in Carbondale, IL cost?

Median Sold Price

$131,333

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$16,333(+14.2%)

Key Takeaway

Homes in Carbondale have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in Carbondale was $131,333 in March 2024, up 14.2% from last year, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $61.6K$73K
+18.5%
3 $119.2K$135.5K
+13.7%
4 $165K$193K
+17.0%
5+ $257.5K$281.9K
+9.5%

Summary: Carbondale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Cities

Murphysboro Township
+26.4%
Carbondale
+14.2%
Makanda Township
+12.5%
Carbondale Township
+9.2%

Housing Supply in Carbondale, IL

How many homes are available in Carbondale, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
119130+9.2%

Summary: The Carbondale real estate market had 130 homes for sale in March 2024, a 9.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2024
+20.0%
3 5358
+9.4%
4 3534
-2.9%
5+ 1114
+27.3%

Summary: The Carbondale 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 increased by 20%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 27.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1117+54.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were 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. 68.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Carbondale in March 2024, up by 54.5% month-over-month. Of the 16 sold homes, 69% were sold under asking, 19% were sold at asking, and 13% 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

Mar 2023Mar 2024CHANGE
74 Days46 Days-36.8%

Summary: Homes in Carbondale had an average of 46 days on market in Mar 2024, down by 36.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 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 March 2024, 17 homes were sold in Carbondale; 47% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 29% 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 18 Days Ago

Newest Listings in Carbondale, IL

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