Is Taylorville, 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, Taylorville has remained a Seller's Market.
Housing Prices in Taylorville, IL
How much do homes in Taylorville, IL cost?
Median Sold Price
$124,950
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Taylorville was $124,950 in March 2024, up 25.1% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $38K | $48.5K | +27.6% |
2 Bedrooms | $74.9K | $85K | +13.5% |
3 Bedrooms | $110.1K | $139.9K | +27.0% |
4 Bedrooms | $163K | $190K | +16.6% |
5+ Bedrooms | $264.9K | $155.4K | -41.3% |
Summary: Taylorville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.6%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes decreased by 41.3%.
Median Sold Price Compared To Nearby Cities
Taylorville | $99.9K | $124.9K | +25.1% |
Taylorville Township | $99.9K | $124.9K | +25.0% |
Housing Supply in Taylorville, IL
How many homes are available in Taylorville, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 40 | +29.0% |
Summary: The Taylorville real estate market had 40 homes for sale in March 2024, a 29.0% 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 | 11 | 12 | +9.1% |
3 Bedrooms | 16 | 22 | +37.5% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Taylorville 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 9.1%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Taylorville in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for Taylorville, IL
How long does it take to sell a home in Taylorville, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 27 Days | -13.5% |
Summary: Homes in Taylorville had an average of 27 days on market in Mar 2024, down by 13.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Taylorville; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.