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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fulton is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Fulton, IL

How much do homes in Fulton, IL cost?

Median Sold Price

$139,000

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$14,000(+11.2%)

Key Takeaway

Homes in Fulton have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Fulton was $139,000 in February 2024, up 11.2% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $43K$73.2K
+70.3%
2 $102K$132.9K
+30.3%
3 $150K$140K
-6.7%
4 $130.5K$207.5K
+59.0%
5+ $139.5K$220K
+57.7%

Summary: Fulton housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70.3%, 2 bedroom homes increased by 30.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 59%, and 5+ bedroom homes increased by 57.7%.

Median Sold Price Compared To Nearby Cities

Fulton
+11.2%
Fulton Township
+11.2%

Housing Supply in Fulton, IL

How many homes are available in Fulton, IL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1517+13.3%

Summary: The Fulton real estate market had 17 homes for sale in February 2024, a 13.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 44
0.0%
3 911
+22.2%
4 22
0.0%
5+ 00
0.0%

Summary: The Fulton housing inventory by bedroom type for February 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 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 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 Fulton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Fulton in February 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fulton, IL

How long does it take to sell a home in Fulton, IL?

Average Sale Time

Feb 2023Feb 2024CHANGE
66 Days46 Days-29.8%

Summary: Homes in Fulton had an average of 46 days on market in Feb 2024, down by 29.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 3 homes were sold in Fulton; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 27 Days Ago

Newest Listings in Fulton, IL

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