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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fulton County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Fulton County, IL

How much do homes in Fulton County, IL cost?

Median Sold Price

$94,000

$66/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$3,187(+3.5%)

Key Takeaway

Homes in Fulton County have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Fulton County was $94,000 in March 2024, up 3.5% from last year, and the median price per square foot was $66.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $60K$46.2K
-23.0%
2 $67.5K$68.5K
+1.5%
3 $114.9K$108K
-6.0%
4 $128K$176.5K
+37.9%
5+ $130K$135K
+3.8%

Summary: Fulton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23%, 2 bedroom homes increased by 1.5%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 37.9%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Counties

Mason County
+13.9%
Knox County
+12.6%
McDonough County
+6.0%
Peoria County
+3.9%
Fulton County
+3.5%

Housing Supply in Fulton County, IL

How many homes are available in Fulton County, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
10497-6.7%

Summary: The Fulton County real estate market had 97 homes for sale in March 2024, a 6.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 46
+50.0%
2 3135
+12.9%
3 5039
-22.0%
4 1615
-6.3%
5+ 32
-33.3%

Summary: The Fulton County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.9%, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2224+9.1%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fulton County, you may be able to get a good deal. 79.2% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Fulton County in March 2024, up by 9.1% month-over-month. Of the 24 sold homes, 79% were sold under asking, 8% were sold at asking, and 13% were sold over asking.

Days on Market for Fulton County, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
67 Days90 Days+34.1%

Summary: Homes in Fulton County had an average of 90 days on market in Mar 2024, up by 34.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fulton County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 24 homes were sold in Fulton County; 42% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in Fulton County, IL

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