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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Greenfield has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Greenfield, IL

How much do homes in Greenfield, IL cost?

Median Sold Price

$105,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$40,250(+62.2%)

Key Takeaway

Homes in Greenfield have sold for 62.2% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $64.7K-
N/A
4 --
N/A
5+ -$105K
N/A

Summary: Greenfield housing prices by bedroom type for March 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.

Median Sold Price Compared To Nearby Cities

Greenfield
+62.2%
Rockbridge Township
+62.2%

Housing Supply in Greenfield, IL

How many homes are available in Greenfield, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
53-40.0%

Summary: The Greenfield real estate market had 3 homes for sale in March 2024, a 40.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 20
-100.0%
4 00
0.0%
5+ 22
0.0%

Summary: The Greenfield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenfield, 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 Greenfield in March 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 Greenfield, IL

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

Average Sale Time

Feb 2024Mar 2024CHANGE
175 Days38 Days-78.3%

Summary: Homes in Greenfield had an average of 38 days on market in Mar 2024, down by 78.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Greenfield has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Greenfield; 0% of homes were sold within 30 days, 100% 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 19 Days Ago

Newest Listings in Greenfield, IL

Nearby Markets to Greenfield, IL