Is Diamond, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Diamond has remained a Seller's Market.
Housing Prices in Diamond, IL
How much do homes in Diamond, IL cost?
Median Sold Price
$274,900
$169/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Diamond was $274,900 in March 2024, down 20.3% from last month, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $210K | $274.9K | +30.9% |
3 Bedrooms | $350K | $314K | -10.3% |
4 Bedrooms | $345K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Diamond 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 increased by 30.9%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Diamond, IL
How many homes are available in Diamond, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Summary: The Diamond real estate market had 6 homes for sale in March 2024, a 40.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 5 | 2 | -60.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Diamond 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 decreased by 33.3%, 3 bedroom homes decreased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Diamond in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Diamond, IL
How long does it take to sell a home in Diamond, IL?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 49 Days | +26.5% |
Summary: Homes in Diamond had an average of 49 days on market in Mar 2024, up by 26.5% compared to last month.
Breakdown of Home Sale Times
2 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, 3 homes were sold in Diamond; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.