Is Havana, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Havana was a Seller's Market.
Housing Prices in Havana, IL
How much do homes in Havana, IL cost?
Median Sold Price
$74,950
$57/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Havana was $74,950 in March 2024, up 24.9% from last year, and the median price per square foot was $57.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $50K | $86K | +72.0% |
2 Bedrooms | $42K | $57.2K | +36.3% |
3 Bedrooms | $63K | $100K | +58.7% |
4 Bedrooms | $94.6K | $165.5K | +74.9% |
5+ Bedrooms | $111K | $94.2K | -15.1% |
Summary: Havana housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72%, 2 bedroom homes increased by 36.3%, 3 bedroom homes increased by 58.7%, 4 bedroom homes increased by 74.9%, and 5+ bedroom homes decreased by 15.1%.
Median Sold Price Compared To Nearby Cities
Havana | $60K | $74.9K | +24.9% |
Havana Township | $66K | $75K | +13.6% |
Housing Supply in Havana, IL
How many homes are available in Havana, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 22 | 0.0% |
Summary: The Havana real estate market had 22 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Havana 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 decreased by 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Havana in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Havana, IL
How long does it take to sell a home in Havana, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 50 Days | -14.4% |
Summary: Homes in Havana had an average of 50 days on market in Mar 2024, down by 14.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Havana; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.