Is Henry, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Henry has remained a Seller's Market.
Housing Prices in Henry, IL
How much do homes in Henry, IL cost?
Median Sold Price
$159,500
$79/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Henry was $159,500 in March 2024, up 384.8% from last month, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $32.9K | - | N/A |
2 Bedrooms | - | $65K | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | $35K | $254K | +625.7% |
5+ Bedrooms | - | - | N/A |
Summary: Henry 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 increased by 625.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Henry | $32.9K | $159.5K | +384.8% |
Henry Township | $32.9K | $159.5K | +384.8% |
Housing Supply in Henry, IL
How many homes are available in Henry, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Summary: The Henry real estate market had 8 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Henry housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Henry in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Henry, IL
How long does it take to sell a home in Henry, IL?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 102 Days | +222.1% |
Summary: Homes in Henry had an average of 102 days on market in Mar 2024, up by 222.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Henry; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.