Is Caseyville, 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, Caseyville was a Seller's Market.
Key Takeaway
Caseyville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Caseyville, IL
How much do homes in Caseyville, IL cost?
Median Sold Price
$268,785
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Caseyville have sold for 78% more than they did a year ago.
Summary: The median home sold price in Caseyville was $268,785 in March 2024, up 78% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $225K | N/A |
| 2 Bedrooms | $89.2K | $131K | +46.8% |
| 3 Bedrooms | $130K | $220.3K | +69.5% |
| 4 Bedrooms | $326K | $399.2K | +22.5% |
| 5+ Bedrooms | $492.8K | $660K | +33.9% |
Summary: Caseyville 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 46.8%, 3 bedroom homes increased by 69.5%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 33.9%.
Median Sold Price Compared To Nearby Cities
| Caseyville | $151K | $268.7K | +78.0% |
| Fairview Heights | $172.7K | $206K | +19.2% |
| Caseyville Township | $214.3K | $248.5K | +15.9% |
| Collinsville | $160.5K | $175.4K | +9.3% |
Housing Supply in Caseyville, IL
How many homes are available in Caseyville, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 69 | 69 | 0.0% |
Summary: The Caseyville real estate market had 69 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 20 | +5.3% |
| 3 Bedrooms | 36 | 38 | +5.6% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Caseyville 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 5.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caseyville, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Caseyville in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Caseyville, IL
How long does it take to sell a home in Caseyville, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 95 Days | 328 Days | +243.2% |
Summary: Homes in Caseyville had an average of 328 days on market in Mar 2024, up by 243.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Caseyville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 8 homes were sold in Caseyville; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.