Is Carrollton, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Carrollton has remained a Seller's Market.
Key Takeaway
Carrollton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carrollton, IL
How much do homes in Carrollton, IL cost?
Median Sold Price
$102,500
$80/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Carrollton have sold for 10.9% less than they did a year ago.
Summary: The median home sold price in Carrollton was $102,500 in March 2024, down 10.9% from last year, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $80K | $325K | +306.3% |
| 3 Bedrooms | $125K | $99.9K | -20.1% |
| 4 Bedrooms | $289K | $148.5K | -48.6% |
| 5+ Bedrooms | $234K | $332K | +41.9% |
Summary: Carrollton 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 306.3%, 3 bedroom homes decreased by 20.1%, 4 bedroom homes decreased by 48.6%, and 5+ bedroom homes increased by 41.9%.
Median Sold Price Compared To Nearby Cities
| Carrollton | $115K | $102.5K | -10.9% |
| Carrollton Township | $115K | $102.5K | -10.9% |
Housing Supply in Carrollton, IL
How many homes are available in Carrollton, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Summary: The Carrollton real estate market had 11 homes for sale in March 2024, a 22.2% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Carrollton 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 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Carrollton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Carrollton in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Carrollton, IL
How long does it take to sell a home in Carrollton, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 37 Days | 154 Days | +312.0% |
Summary: Homes in Carrollton had an average of 154 days on market in Mar 2024, up by 312% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Carrollton are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 2 homes were sold in Carrollton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.