Is Zion City, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Zion City has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108.1K | $80K | -26.0% |
2 Bedrooms | $126.9K | $159K | +25.3% |
3 Bedrooms | $166K | $181K | +9.0% |
4 Bedrooms | $183.2K | $220K | +20.1% |
5+ Bedrooms | $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 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 33 | 0.0% |
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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 3 | 4 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 8 | -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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 13 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
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.