Is Du Quoin, 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, Du Quoin was a Buyer's Market.
Housing Prices in Du Quoin, IL
How much do homes in Du Quoin, IL cost?
Median Sold Price
$84,500
$59/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Du Quoin was $84,500 in March 2024, down 2.6% from last year, and the median price per square foot was $59.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45K | $36.5K | -18.9% |
2 Bedrooms | $50K | $72K | +44.0% |
3 Bedrooms | $94.7K | $84.9K | -10.3% |
4 Bedrooms | $157.5K | $155K | -1.6% |
5+ Bedrooms | $68K | $118.5K | +74.3% |
Summary: Du Quoin housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.9%, 2 bedroom homes increased by 44%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 74.3%.
Housing Supply in Du Quoin, IL
How many homes are available in Du Quoin, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 42 | +7.7% |
Summary: The Du Quoin real estate market had 42 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 19 | 21 | +10.5% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Du Quoin 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 increased by 7.7%, 3 bedroom homes increased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Du Quoin in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 63% were sold at asking, and 0% were sold over asking.
Days on Market for Du Quoin, IL
How long does it take to sell a home in Du Quoin, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 66 Days | +131.1% |
Summary: Homes in Du Quoin had an average of 66 days on market in Mar 2024, up by 131.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Du Quoin; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.