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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milos is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Milos has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Milos, IL

How much do homes in Milos, IL cost?

Median Sold Price

$198,000

$264/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$41,000(-17.2%)

Key Takeaway

Homes in Milos have sold for 17.2% less than they did a month ago.

Summary: The median home sold price in Milos was $198,000 in April 2024, down 17.2% from last month, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$198K
N/A
3 $239K-
N/A
4 --
N/A
5+ --
N/A

Summary: Milos housing prices by bedroom type for April 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in Milos, IL

How many homes are available in Milos, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
220.0%

Summary: The Milos real estate market had 2 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Milos 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Milos, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Milos in April 2024, the same as the previous 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 Milos, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
3 Days23 Days+666.7%

Summary: Homes in Milos had an average of 23 days on market in Apr 2024, up by 666.7% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Milos; 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.

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

Report Updated 2 Days Ago

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