Is Princeville, 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, Princeville has remained a Seller's Market.
Housing Prices in Princeville, IL
How much do homes in Princeville, IL cost?
Median Sold Price
$176,000
$73/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Princeville was $176,000 in April 2024, up 27.5% from last year, and the median price per square foot was $73.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $77K | $114.7K | +49.0% |
3 Bedrooms | $138K | $203K | +47.1% |
4 Bedrooms | $145K | $111.5K | -23.1% |
5+ Bedrooms | $210K | $372.5K | +77.4% |
Summary: Princeville 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 increased by 49%, 3 bedroom homes increased by 47.1%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 77.4%.
Median Sold Price Compared To Nearby Cities
Princeville Township | $126K | $176K | +39.7% |
Princeville | $138K | $176K | +27.5% |
Housing Supply in Princeville, IL
How many homes are available in Princeville, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Summary: The Princeville real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 2 | -50.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Princeville 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Princeville in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Princeville, IL
How long does it take to sell a home in Princeville, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
128 Days | 22 Days | -82.8% |
Summary: Homes in Princeville had an average of 22 days on market in Apr 2024, down by 82.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Princeville; 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.