March 2024

Rankin Housing Market Report Vermilion County, Illinois

Report Updated 25 Days Ago

Housing Prices in Rankin, IL

How much do homes in Rankin, IL cost?

Median List Price

$89,950

$65/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$9,950(-10.0%)

Key Takeaway

The list price of homes in Rankin has decreased by 10% since February.

Summary: The median home list price in Rankin was $89,950 in March 2024, down 10% from the previous month, and the median price per square foot was $65.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	-	-	N/A
3 Bedrooms	$99.9K	$89.9K	-10.0%
4 Bedrooms	-	-	N/A
5+ Bedrooms	-	-	N/A

Summary: Rankin housing prices by bedroom type for March 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 decreased by 10%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rankin, IL

How many homes are available in Rankin, IL?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
1	2	+100.0%

Summary: The Rankin real estate market had 2 homes for sale in March 2024, a 100.0% 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	0	0	0.0%
3 Bedrooms	1	2	+100.0%
4 Bedrooms	0	0	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The Rankin 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.