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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maryville is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Maryville, IL

How much do homes in Maryville, IL cost?

Median Sold Price

$312,500

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$4,500(-1.4%)

Key Takeaway

Homes in Maryville have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Maryville was $312,500 in March 2024, down 1.4% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$55K
N/A
2 $197K$230K
+16.8%
3 $270K$302.5K
+12.0%
4 $395.7K$370K
-6.5%
5+ $379.9K$375K
-1.3%

Summary: Maryville 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 increased by 16.8%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Cities

Troy
+21.4%
Collinsville Township
+7.8%
Edwardsville Township
+7.7%
Glen Carbon
+7.2%
Maryville
-1.4%

Housing Supply in Maryville, IL

How many homes are available in Maryville, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
29290.0%

Summary: The Maryville real estate market had 29 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1718
+5.9%
4 79
+28.6%
5+ 21
-50.0%

Summary: The Maryville 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 66.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maryville, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Maryville in March 2024, up by 66.7% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Maryville, IL

How long does it take to sell a home in Maryville, IL?

Average Sale Time

Mar 2023Mar 2024CHANGE
67 Days52 Days-22.2%

Summary: Homes in Maryville had an average of 52 days on market in Mar 2024, down by 22.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 10 homes were sold in Maryville; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.

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

Report Updated 23 Days Ago

Newest Listings in Maryville, IL

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