Housing Prices in Southern, IL
How much do homes in Southern, IL cost?
Median List Price
$399,450
$169/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Southern has increased by 81.6% since last year.
Summary: The median home list price in Southern was $399,450 in March 2024, up 81.6% from the previous year, and the median price per square foot was $169.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119K | - | N/A |
| 2 Bedrooms | $269.5K | $167.5K | -37.8% |
| 3 Bedrooms | $159.9K | $389K | +143.3% |
| 4 Bedrooms | $397K | $477.5K | +20.3% |
| 5+ Bedrooms | $524.5K | $517.4K | -1.3% |
Summary: Southern housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.8%, 3 bedroom homes increased by 143.3%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes decreased by 1.3%.
Median List Price Compared To Nearby Cities
| Southern | $220K | $399.4K | +81.6% |
| West Marion | $159.9K | $168.5K | +5.4% |
| Lake No. 1 | $239K | $188.5K | -21.1% |
Housing Supply in Southern, IL
How many homes are available in Southern, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Southern real estate market had 17 homes for sale in March 2024, a 6.3% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Southern 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Southern, IL
How long does it take to sell a home in Southern, IL?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 55 Days | 118 Days | +112.9% |
Summary: Homes in Southern had an average listing age of 118 days in Mar 2024, up by 112.9% compared to the previous year.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.