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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crainville is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

How much do homes in Crainville, IL cost?

Median Sold Price

$146,500

$117/sqft

Based on all homes sold in August 2022.

Difference Since Last Month

-$108,500(-42.5%)

Key Takeaway

Homes in Crainville have sold for 42.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJul 2022Aug 2022%
1 --
N/A
2 -$90K
N/A
3 $255K$180.4K
-29.2%
4 -$150K
N/A
5+ --
N/A

How many homes are available in Crainville, IL?

Number of Homes For Sale

Jul 2022Aug 2022%
910+11.1%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 11
0.0%
3 78
+14.3%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
24+100.0%

Asking Price vs. Sold Price

2 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 Crainville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Jul 2022Aug 2022%
13 Days29 Days+123.1%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Crainville has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Crainville, IL

There are 10 homes are for sale in Crainville, IL real estate market. Between July 2022 and August 2022, Crainville, IL real estate market has seen increase in the number of listings by 11.1%. Listings spent 29 days on the market in August 2022, and had a median list price of $146,500 during the same period. Listing prices have changed in this real estate market between August 2021 and August 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties went down by 29.2%, 4 bedrooms properties became 0% more expensive, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes increased by 14.3%, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes remained the same. While more than 1 listings in Crainville, IL in August 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below.

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