Is Saline County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Saline County has remained a Seller's Market.
Housing Prices in Saline County, IL
How much do homes in Saline County, IL cost?
Median Sold Price
$80,000
$62/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Saline County was $80,000 in March 2024, up 1.3% from last year, and the median price per square foot was $62.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $53K | $33.5K | -36.8% |
2 Bedrooms | $51.4K | $58K | +12.8% |
3 Bedrooms | $99K | $90K | -9.1% |
4 Bedrooms | $147.7K | $157K | +6.3% |
5+ Bedrooms | $115K | $59K | -48.7% |
Summary: Saline County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.8%, 2 bedroom homes increased by 12.8%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 48.7%.
Median Sold Price Compared To Nearby Counties
Williamson County | $148.2K | $160K | +7.9% |
Saline County | $79K | $80K | +1.3% |
Franklin County | $86.8K | $87K | 0.2% |
Housing Supply in Saline County, IL
How many homes are available in Saline County, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 74 | +8.8% |
Summary: The Saline County real estate market had 74 homes for sale in March 2024, a 8.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 19 | 27 | +42.1% |
3 Bedrooms | 33 | 31 | -6.1% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Saline County 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 42.1%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 16 | +33.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Saline County in March 2024, up by 33.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Saline County, IL
How long does it take to sell a home in Saline County, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 97 Days | +102.6% |
Summary: Homes in Saline County had an average of 97 days on market in Mar 2024, up by 102.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Saline County; 44% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.