Is Crescent City, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crescent City is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Crescent City, IL

How much do homes in Crescent City, IL cost?

Median Sold Price

$17,500

$11/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$112,500(-86.5%)

Key Takeaway

Homes in Crescent City have sold for 86.5% less than they did a month ago.

Summary: The median home sold price in Crescent City was $17,500 in March 2024, down 86.5% from last month, and the median price per square foot was $11.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $130K-
N/A
4 -$17.5K
N/A
5+ --
N/A

Summary: Crescent City 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.

Housing Supply in Crescent City, IL

How many homes are available in Crescent City, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
21-50.0%

Summary: The Crescent City real estate market had 1 homes for sale in March 2024, a 50.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

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

Summary: The Crescent City 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 remained the same, 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
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crescent City, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Crescent City in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Crescent City, IL

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

Average Sale Time

Feb 2024Mar 2024CHANGE
43 Days18 Days-58.1%

Summary: Homes in Crescent City had an average of 18 days on market in Mar 2024, down by 58.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Crescent City are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Crescent City; 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 24 Days Ago

Newest Listings in Crescent City, IL

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