Is Carlinville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Carlinville was a Seller's Market.
Key Takeaway
Carlinville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Carlinville, IL
How much do homes in Carlinville, IL cost?
Median Sold Price
$117,250
$68/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Carlinville have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in Carlinville was $117,250 in March 2024, up 21.5% from last year, and the median price per square foot was $68.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42.5K | $70K | +64.7% |
| 2 Bedrooms | $72.7K | $42.5K | -41.6% |
| 3 Bedrooms | $105K | $100.4K | -4.3% |
| 4 Bedrooms | $172.5K | $155.9K | -9.6% |
| 5+ Bedrooms | $183.9K | $206K | +12.0% |
Summary: Carlinville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 64.7%, 2 bedroom homes decreased by 41.6%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Cities
| Carlinville | $96.5K | $117.2K | +21.5% |
| Carlinville Township | $98.5K | $117.2K | +19.0% |
Housing Supply in Carlinville, IL
How many homes are available in Carlinville, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Summary: The Carlinville real estate market had 23 homes for sale in March 2024, a 27.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Carlinville 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 50%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carlinville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Carlinville in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Carlinville, IL
How long does it take to sell a home in Carlinville, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 98 Days | +222.4% |
Summary: Homes in Carlinville had an average of 98 days on market in Mar 2024, up by 222.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Carlinville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 3 homes were sold in Carlinville; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.