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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dawson is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Dawson, IL

How much do homes in Dawson, IL cost?

Median Sold Price

$371,200

$112/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$32,450(+9.6%)

Key Takeaway

Homes in Dawson have sold for 9.6% more than they did a month ago.

Summary: The median home sold price in Dawson was $371,200 in April 2024, up 9.6% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $227.5K$371.2K
+63.2%
5+ $450K-
N/A

Summary: Dawson housing prices by bedroom type for April 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 increased by 63.2%, and 5+ bedroom homes did not change.

Housing Supply in Dawson, IL

How many homes are available in Dawson, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
54-20.0%

Summary: The Dawson real estate market had 4 homes for sale in April 2024, a 20.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 32
-33.3%
5+ 10
-100.0%

Summary: The Dawson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dawson, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Dawson in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Dawson, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
2 Days6 Days+200.0%

Summary: Homes in Dawson had an average of 6 days on market in Apr 2024, up by 200% 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 Dawson are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Dawson; 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 4 Days Ago

Newest Listings in Dawson, IL

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