Is Murphysboro 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, Murphysboro Township was a Seller's Market.
Key Takeaway
Murphysboro Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Murphysboro Township, IL
How much do homes in Murphysboro Township, IL cost?
Median Sold Price
$116,875
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Murphysboro Township have sold for 26.4% more than they did a year ago.
Summary: The median home sold price in Murphysboro Township was $116,875 in March 2024, up 26.4% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $63K | -53.3% |
| 2 Bedrooms | $58.7K | $69K | +17.4% |
| 3 Bedrooms | $129.4K | $120K | -7.3% |
| 4 Bedrooms | $172.5K | $172K | -0.3% |
| 5+ Bedrooms | $220.6K | $230K | +4.3% |
Summary: Murphysboro Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.3%, 2 bedroom homes increased by 17.4%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Murphysboro | $78.9K | $114.7K | +45.4% |
| Murphysboro Township | $92.5K | $116.8K | +26.4% |
| Carbondale | $115K | $131.3K | +14.2% |
| Carbondale Township | $119.9K | $131K | +9.2% |
Housing Supply in Murphysboro Township, IL
How many homes are available in Murphysboro Township, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 42 | 45 | +7.1% |
Summary: The Murphysboro Township real estate market had 45 homes for sale in March 2024, a 7.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 7 | 3 | -57.1% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Murphysboro 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 15.4%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Murphysboro Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Murphysboro Township in March 2024, down by 63.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Murphysboro Township, IL
How long does it take to sell a home in Murphysboro Township, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 45 Days | 31 Days | -32.2% |
Summary: Homes in Murphysboro Township had an average of 31 days on market in Mar 2024, down by 32.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Murphysboro Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Murphysboro Township; 50% of homes were sold within 30 days, 50% 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.