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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catlin is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Catlin has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Catlin, IL

How much do homes in Catlin, IL cost?

Median Sold Price

$125,000

$109/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$34,000(+37.4%)

Key Takeaway

Homes in Catlin have sold for 37.4% more than they did a month ago.

Summary: The median home sold price in Catlin was $125,000 in March 2024, up 37.4% from last month, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$125K
N/A
3 $91K-
N/A
4 --
N/A
5+ --
N/A

Summary: Catlin housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Catlin
+37.4%
Catlin Township
+37.4%

Housing Supply in Catlin, IL

How many homes are available in Catlin, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
330.0%

Summary: The Catlin real estate market had 3 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 10
-100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Catlin 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 decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catlin, 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 Catlin 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 Catlin, IL

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

Average Sale Time

Feb 2024Mar 2024CHANGE
188 Days4 Days-97.6%

Summary: Homes in Catlin had an average of 4 days on market in Mar 2024, down by 97.6% compared to last month.

Breakdown of Home Sale Times

2 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 Catlin are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Catlin; 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 23 Days Ago

Newest Listings in Catlin, IL

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