Is Saint Clair County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Clair County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Saint Clair County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Saint Clair County, IL

How much do homes in Saint Clair County, IL cost?

Median Sold Price

$199,415

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,540(+5.0%)

Key Takeaway

Homes in Saint Clair County have sold for 5% more than they did a year ago.

Summary: The median home sold price in Saint Clair County was $199,415 in March 2024, up 5% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $55.8K$59.5K
+6.7%
2 $112.8K$118K
+4.5%
3 $173.7K$188.7K
+8.6%
4 $299.1K$310K
+3.6%
5+ $392K$406K
+3.6%

Summary: Saint Clair County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Counties

Clinton County
+8.8%
Monroe County
+8.5%
Madison County
+6.0%
Saint Clair County
+5.0%
Saint Louis County
-0.9%

Housing Supply in Saint Clair County, IL

How many homes are available in Saint Clair County, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
810875+8.0%

Summary: The Saint Clair County real estate market had 875 homes for sale in March 2024, a 8.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1213
+8.3%
2 148157
+6.1%
3 399428
+7.3%
4 201218
+8.5%
5+ 5059
+18.0%

Summary: The Saint Clair County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 18%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
189242+28.0%

Asking Price vs. Sold Price

105 Homes Were Sold
Under Asking

58 Homes Were Sold
At Asking

79 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Clair County, you may be able to get a good deal. 43.4% of homes here sold below asking price last month.

Summary: A total of 242 homes were sold or pending in Saint Clair County in March 2024, up by 28.0% month-over-month. Of the 242 sold homes, 43% were sold under asking, 24% were sold at asking, and 33% were sold over asking.

Days on Market for Saint Clair County, IL

How long does it take to sell a home in Saint Clair County, IL?

Average Sale Time

Mar 2023Mar 2024CHANGE
55 Days55 Days-1.3%

Summary: Homes in Saint Clair County had an average of 55 days on market in Mar 2024, down by 1.3% compared to last year.

Breakdown of Home Sale Times

109 Homes Were Sold
Under 30 Days

88 Homes Were Sold
In 30 - 90 Days

44 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 242 homes were sold in Saint Clair County; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% 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 27 Days Ago

Newest Listings in Saint Clair County, IL

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