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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Energy is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Energy has remained a Seller's Market.

Key Takeaway

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

How much do homes in Energy, IL cost?

Median Sold Price

$162,450

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$24,200(+17.5%)

Key Takeaway

Homes in Energy have sold for 17.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $89K-
N/A
3 $138.2K$154.9K
+12.0%
4 $176.5K$180K
+2.0%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Energy
+17.5%
West Marion
+13.9%
Herrin
+5.7%
Blairsville
-17.3%

How many homes are available in Energy, IL?

Number of Homes For Sale

Aug 2022Sep 2022%
34+33.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Energy, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
20 Days74 Days+270.0%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Energy has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Energy, IL

Energy, IL has 4 homes for sale to choose from. In September 2022 in Energy, IL there were 33.3% more homes for sale than in August 2022. The median list price of listings available in September 2022 was $162,450, while the average time on the real estate market was 74 days. Listing prices have changed in this real estate market between August 2022 and September 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties went up by 12%, prices of 4 bedrooms properties increased by 2%, 5 bedrooms properties prices increased by 0%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes increased by 50%, 4 bedrooms homes inventory did not change, number of 5 bedrooms homes remained the same. Energy, IL housing market in September 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below.

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