Is Earlville, 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, Earlville was a Seller's Market.
Housing Prices in Earlville, IL
How much do homes in Earlville, IL cost?
Median Sold Price
$180,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Earlville was $180,000 in March 2024, up 12.6% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $197.5K | $112.5K | -43.0% |
3 Bedrooms | $131K | $194.5K | +48.5% |
4 Bedrooms | $181.2K | $170K | -6.2% |
5+ Bedrooms | $214.9K | $237K | +10.3% |
Summary: Earlville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 43%, 3 bedroom homes increased by 48.5%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
Earlville | $159.9K | $180K | +12.6% |
Earl Township | $166.2K | $170K | +2.3% |
Housing Supply in Earlville, IL
How many homes are available in Earlville, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Summary: The Earlville real estate market had 12 homes for sale in March 2024, a 50.0% increase 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 | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Earlville 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 increased by 20%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Earlville in March 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 Earlville, IL
How long does it take to sell a home in Earlville, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 21 Days | -6.5% |
Summary: Homes in Earlville had an average of 21 days on market in Mar 2024, down by 6.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Earlville; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.