Is Energy, 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, 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.
Housing Prices in Energy, IL
How much do homes in Energy, IL cost?
Median Sold Price
$190,000
$88/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Energy have sold for 12.6% less than they did a month ago.
Summary: The median home sold price in Energy was $190,000 in June 2024, down 12.6% from last month, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $270K | - | N/A |
| 3 Bedrooms | $165K | - | N/A |
| 4 Bedrooms | - | $190K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Energy housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Energy, IL
How many homes are available in Energy, IL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Energy real estate market had 5 homes for sale in June 2024, a 28.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Energy housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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.
Summary: A total of 1 homes were sold or pending in Energy in June 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Energy, IL
How long does it take to sell a home in Energy, IL?
Average Sale Time
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 4 Days | 5 Days | +25.0% |
Summary: Homes in Energy had an average of 5 days on market in Jun 2024, up by 25% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Energy are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 1 homes were sold in Energy; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.