Is De Witt County, 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, De Witt County was a Seller's Market.
Housing Prices in De Witt County, IL
How much do homes in De Witt County, IL cost?
Median Sold Price
$135,000
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in De Witt County was $135,000 in March 2024, up 16.4% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $49.5K | $37.5K | -24.2% |
2 Bedrooms | $79K | $85K | +7.6% |
3 Bedrooms | $129.9K | $163.4K | +25.8% |
4 Bedrooms | $155.4K | $201K | +29.3% |
5+ Bedrooms | $168.7K | $228.5K | +35.4% |
Summary: De Witt County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.2%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 25.8%, 4 bedroom homes increased by 29.3%, and 5+ bedroom homes increased by 35.4%.
Median Sold Price Compared To Nearby Counties
Piatt County | $180K | $221.7K | +23.2% |
De Witt County | $116K | $135K | +16.4% |
McLean County | $205.6K | $231.3K | +12.5% |
Housing Supply in De Witt County, IL
How many homes are available in De Witt County, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 39 | +5.4% |
Summary: The De Witt County real estate market had 39 homes for sale in March 2024, a 5.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 21 | 20 | -4.8% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The De Witt County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in De Witt County in March 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for De Witt County, IL
How long does it take to sell a home in De Witt County, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 27 Days | -40.9% |
Summary: Homes in De Witt County had an average of 27 days on market in Mar 2024, down by 40.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in De Witt County; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.