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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goreville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Goreville was a Buyer's Market.

Key Takeaway

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

How much do homes in Goreville, IL cost?

Median Sold Price

$135,000

$82/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

-$95,000(-41.3%)

Key Takeaway

Homes in Goreville have sold for 41.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 --
N/A
3 $230K$135K
-41.3%
4 -$80K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Goreville
-41.3%
Goreville No. 1
-41.3%

How many homes are available in Goreville, IL?

Number of Homes For Sale

Sep 2022Oct 2022%
86-25.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 00
0.0%
3 75
-28.6%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
14+300.0%

Asking Price vs. Sold Price

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

Average Sale Time

Sep 2022Oct 2022%
73 Days59 Days-18.2%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 Goreville has remained consistent over time.

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

About Goreville, IL

Number of homes for sale in Goreville, IL real estate market have reached 6. In October 2022 in Goreville, IL there were 25% less homes for sale than in September 2022. In October 2022, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $135,000. Between October 2021 and October 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties decreased by 41.3%, prices of 4 bedrooms properties increased by 0%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went down by 28.6%, 4 bedrooms homes inventory did not change, volume of 5 bedrooms homes stayed the same. Over 0 listings were sold over their listed price in October 2022 in Goreville, IL. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price.