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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kincaid is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Kincaid has remained a Seller's Market.

Key Takeaway

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

How much do homes in Kincaid, IL cost?

Median Sold Price

$89,000

$63/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

-$17,500(-16.4%)

Key Takeaway

Homes in Kincaid have sold for 16.4% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $53.4K$84K
+57.2%
3 $128K$93K
-27.3%
4 $173K$118.4K
-31.5%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

South Fork Township
-1.0%
Kincaid
-16.4%

How many homes are available in Kincaid, IL?

Number of Homes For Sale

Aug 2022Sep 2022%
68+33.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 23
+50.0%
3 24
+100.0%
4 21
-50.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
12+100.0%

Asking Price vs. Sold Price

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

Average Sale Time

Sep 2021Sep 2022%
22 Days54 Days+147.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kincaid are selling fast, if you're buying plan to act quickly.

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

About Kincaid, IL

Kincaid, IL has 8 homes on the market. The number of homes for sale in Kincaid, IL increased by 33.3% between August 2022 and September 2022. Listings spent 54 days on the market in September 2022, and had a median list price of $89,000 during the same period. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 57.2% more expensive, 3 bedrooms properties became 27.3% more cheaper, prices of 4 bedrooms properties went down by 31.5%, 5 bedrooms properties prices increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 50% more available, the quantity of 3 bedrooms homes went up by 100%, 4 bedrooms homes became 50% less available, 5 bedrooms homes inventory did not change. In September 2022 more than 0 listings in Kincaid, IL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.