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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carterville is a seller's market

Buyer's
Market

Difference Since November 2022

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

Key Takeaway

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

Housing Prices in Carterville, IL

How much do homes in Carterville, IL cost?

Median Sold Price

$190,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

+$36,300(+23.6%)

Key Takeaway

Homes in Carterville have sold for 23.6% more than they did a year ago.

Summary: The median home sold price in Carterville was $190,000 in November 2023, up 23.6% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $17.5K$38K
+117.1%
2 $75K$95K
+26.7%
3 $142.4K$180K
+26.4%
4 $275K$260K
-5.5%
5+ $449.9K$510K
+13.4%

Summary: Carterville housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 117.1%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 26.4%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 13.4%.

Median Sold Price Compared To Nearby Cities

Blairsville
+39.4%
Carterville
+23.6%
Herrin
0.3%

Housing Supply in Carterville, IL

How many homes are available in Carterville, IL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
4038-5.0%

Summary: The Carterville real estate market had 38 homes for sale in November 2023, a 5.0% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 11
0.0%
2 44
0.0%
3 2523
-8.0%
4 67
+16.7%
5+ 43
-25.0%

Summary: The Carterville housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
87-12.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carterville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Carterville in November 2023, down by 12.5% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Carterville, IL

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

Average Sale Time

Nov 2022Nov 2023CHANGE
20 Days7 Days-61.4%

Summary: Homes in Carterville had an average of 7 days on market in Nov 2023, down by 61.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were 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 Carterville are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 7 homes were sold in Carterville; 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 2 Days Ago

Newest Listings in Carterville, IL

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