Is Makanda Township, 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, Makanda Township was a Seller's Market.
Housing Prices in Makanda Township, IL
How much do homes in Makanda Township, IL cost?
Median Sold Price
$270,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Makanda Township was $270,000 in March 2024, up 12.5% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | - | N/A |
2 Bedrooms | $137.4K | $129.9K | -5.5% |
3 Bedrooms | $145K | $250K | +72.4% |
4 Bedrooms | $345K | $405K | +17.4% |
5+ Bedrooms | $395.2K | $487.5K | +23.3% |
Summary: Makanda Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 72.4%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 23.3%.
Median Sold Price Compared To Nearby Cities
Carbondale | $115K | $131.3K | +14.2% |
Makanda Township | $240K | $270K | +12.5% |
Carbondale Township | $119.9K | $131K | +9.2% |
Housing Supply in Makanda Township, IL
How many homes are available in Makanda Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Summary: The Makanda Township real estate market had 16 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 | 1 | 2 | +100.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Makanda Township 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Makanda Township in March 2024, down by 75.0% 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 Makanda Township, IL
How long does it take to sell a home in Makanda Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 5 Days | -87.4% |
Summary: Homes in Makanda Township had an average of 5 days on market in Mar 2024, down by 87.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Makanda Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.