Is Sheldon, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sheldon is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sheldon has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sheldon, IL

How much do homes in Sheldon, IL cost?

Median Sold Price

$101,000

$73/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$78,000(+339.1%)

Key Takeaway

Homes in Sheldon have sold for 339.1% more than they did a month ago.

Summary: The median home sold price in Sheldon was $101,000 in March 2024, up 339.1% from last month, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $75.9K-
N/A
2 --
N/A
3 $23K$101K
+339.1%
4 $23K-
N/A
5+ --
N/A

Summary: Sheldon 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 increased by 339.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sheldon
+339.1%
Sheldon Township
+339.1%

Housing Supply in Sheldon, IL

How many homes are available in Sheldon, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
85-37.5%

Summary: The Sheldon real estate market had 5 homes for sale in March 2024, a 37.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 32
-33.3%
4 32
-33.3%
5+ 00
0.0%

Summary: The Sheldon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sheldon, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Sheldon in March 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Sheldon, IL

How long does it take to sell a home in Sheldon, IL?

Average Sale Time

Feb 2024Mar 2024CHANGE
82 Days43 Days-47.8%

Summary: Homes in Sheldon had an average of 43 days on market in Mar 2024, down by 47.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sheldon has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Sheldon; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 19 Days Ago

Newest Listings in Sheldon, IL

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