Is Zion City, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zion City is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Zion City, IL

How much do homes in Zion City, IL cost?

Median Sold Price

$193,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$28,000(+17.0%)

Key Takeaway

Homes in Zion City have sold for 17% more than they did a year ago.

Summary: The median home sold price in Zion City was $193,000 in April 2024, up 17% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $108.1K$80K
-26.0%
2 $126.9K$159K
+25.3%
3 $166K$181K
+9.0%
4 $183.2K$220K
+20.1%
5+ $230.5K$205.5K
-10.8%

Summary: Zion City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26%, 2 bedroom homes increased by 25.3%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes decreased by 10.8%.

Housing Supply in Zion City, IL

How many homes are available in Zion City, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
33330.0%

Summary: The Zion City real estate market had 33 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 46
+50.0%
3 1513
-13.3%
4 109
-10.0%
5+ 34
+33.3%

Summary: The Zion City 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 increased by 50%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zion City, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Zion City in April 2024, down by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for Zion City, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
59 Days13 Days-78.1%

Summary: Homes in Zion City had an average of 13 days on market in Apr 2024, down by 78.1% compared to last year.

Breakdown of Home Sale Times

7 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

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

Summary: During April 2024, 8 homes were sold in Zion City; 88% of homes were sold within 30 days, 13% 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 6 Days Ago

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