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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thompsonville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Thompsonville was a Neutral Market.

Key Takeaway

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

Housing Prices in Thompsonville, IL

How much do homes in Thompsonville, IL cost?

Median Sold Price

$185,000

$143/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$67,000(+56.8%)

Key Takeaway

Homes in Thompsonville have sold for 56.8% more than they did a month ago.

Summary: The median home sold price in Thompsonville was $185,000 in April 2024, up 56.8% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$185K
N/A
4 $118K-
N/A
5+ --
N/A

Summary: Thompsonville housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Thompsonville, IL

How many homes are available in Thompsonville, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
65-16.7%

Summary: The Thompsonville real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Thompsonville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

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 Thompsonville, 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 Thompsonville in April 2024, the same as the previous 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 Thompsonville, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
6 Days39 Days+550.0%

Summary: Homes in Thompsonville had an average of 39 days on market in Apr 2024, up by 550% 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 Thompsonville has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Thompsonville; 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 17 Days Ago

Newest Listings in Thompsonville, IL

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