Is Fulton County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Fulton County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $46.2K | -23.0% |
2 Bedrooms | $67.5K | $68.5K | +1.5% |
3 Bedrooms | $114.9K | $108K | -6.0% |
4 Bedrooms | $128K | $176.5K | +37.9% |
5+ Bedrooms | $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 | $79K | $90K | +13.9% |
Knox County | $97.7K | $109.9K | +12.6% |
McDonough County | $84.9K | $90K | +6.0% |
Peoria County | $129.8K | $134.8K | +3.9% |
Fulton County | $90.8K | $94K | +3.5% |
Housing Supply in Fulton County, IL
How many homes are available in Fulton County, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
104 | 97 | -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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 31 | 35 | +12.9% |
3 Bedrooms | 50 | 39 | -22.0% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 3 | 2 | -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 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 24 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
67 Days | 90 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
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.