Is Carrier Mills, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carrier Mills is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Carrier Mills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Carrier Mills, IL

How much do homes in Carrier Mills, IL cost?

Median Sold Price

$75,000

$55/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$23,600(+45.9%)

Key Takeaway

Homes in Carrier Mills have sold for 45.9% more than they did a year ago.

Summary: The median home sold price in Carrier Mills was $75,000 in April 2024, up 45.9% from last year, and the median price per square foot was $55.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$29.5K
N/A
2 $30K$9.9K
-67.0%
3 $57.5K$77.5K
+34.8%
4 $111.2K$162.3K
+46.0%
5+ -$59K
N/A

Summary: Carrier Mills 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 67%, 3 bedroom homes increased by 34.8%, 4 bedroom homes increased by 46%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Carrier Mills
+45.9%
Carrier Mills Township
-3.3%

Housing Supply in Carrier Mills, IL

How many homes are available in Carrier Mills, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87-12.5%

Summary: The Carrier Mills real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 21
-50.0%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Carrier Mills 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carrier Mills, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Carrier Mills in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Carrier Mills, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
47 Days17 Days-63.8%

Summary: Homes in Carrier Mills had an average of 17 days on market in Apr 2024, down by 63.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Carrier Mills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 8 Days Ago

Newest Listings in Carrier Mills, IL

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