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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Taylorville is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, Taylorville has remained a Seller's Market.

Key Takeaway

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

How much do homes in Taylorville, IL cost?

Median Sold Price

$92,250

$80/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$2,250(+2.5%)

Key Takeaway

Homes in Taylorville have sold for 2.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $26.5K$38K
+43.4%
2 $73K$70.4K
-3.5%
3 $107.7K$106.5K
-1.2%
4 $138K$154.5K
+12.0%
5+ $109.7K$225K
+105.0%

Median Sold Price Compared To Nearby Cities

Taylorville Township
+6.3%
Taylorville
+2.5%

How many homes are available in Taylorville, IL?

Number of Homes For Sale

Dec 2022Jan 2023%
3933-15.4%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 11
0.0%
2 127
-41.7%
3 1917
-10.5%
4 78
+14.3%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
148-42.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Taylorville, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
51 Days34 Days-32.7%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Taylorville, IL

Taylorville, IL has 33 homes on the market. Between December 2022 and January 2023, Taylorville, IL real estate market has seen decrease in the number of listings by 15.4%. In January 2023 median list price was $92,250 and the average listing age was 34 days. From December 2022 through January 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 43.4%, prices of 2 bedrooms properties decreased by 3.5%, 3 bedrooms properties prices decreased by 1.2%, prices of 4 bedrooms properties increased by 12%, prices of 5 bedrooms properties increased by 105%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 41.7%, the quantity of 3 bedrooms homes went down by 10.5%, 4 bedrooms homes became 14.3% more available, number of 5 bedrooms homes remained the same. Over 2 listings were sold over their listed price in January 2023 in Taylorville, IL. In the same period over 6 listings were sold below the listed price and 0 listings were sold for the listed price.

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