Is Mapleton, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mapleton has remained a Seller's Market.
Key Takeaway
Mapleton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mapleton, IL
How much do homes in Mapleton, IL cost?
Median Sold Price
$262,000
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mapleton have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Mapleton was $262,000 in April 2024, up 9.2% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $90K | N/A |
| 2 Bedrooms | $122.5K | $99.7K | -18.6% |
| 3 Bedrooms | $202.5K | $219.9K | +8.6% |
| 4 Bedrooms | $340.4K | $307K | -9.8% |
| 5+ Bedrooms | $350K | $354.9K | +1.4% |
Summary: Mapleton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Cities
| Mapleton | $240K | $262K | +9.2% |
| Hollis Township | $229.4K | $220K | -4.1% |
Housing Supply in Mapleton, IL
How many homes are available in Mapleton, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The Mapleton real estate market had 20 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mapleton housing inventory by bedroom type for April 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 15.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mapleton, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Mapleton in April 2024, up by 300.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Mapleton, IL
How long does it take to sell a home in Mapleton, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 2 Days | 13 Days | +505.6% |
Summary: Homes in Mapleton had an average of 13 days on market in Apr 2024, up by 505.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mapleton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Mapleton; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.