Is Adams County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Adams County has remained a Seller's Market.
Housing Prices in Adams County, IL
How much do homes in Adams County, IL cost?
Median Sold Price
$147,500
$100/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Adams County was $147,500 in April 2024, up 7.3% from last month, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $94.2K | N/A |
2 Bedrooms | $125K | $97K | -22.4% |
3 Bedrooms | $130K | $176K | +35.4% |
4 Bedrooms | $199.9K | $237.5K | +18.8% |
5+ Bedrooms | $509.4K | $255K | -49.9% |
Summary: Adams County 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 decreased by 22.4%, 3 bedroom homes increased by 35.4%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 49.9%.
Median Sold Price Compared To Nearby Counties
Hancock County | $27.5K | $92K | +234.5% |
Adams County | $137.5K | $147.5K | +7.3% |
Pike County | $124.9K | $60K | -52.0% |
Housing Supply in Adams County, IL
How many homes are available in Adams County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
212 | 212 | 0.0% |
Summary: The Adams County real estate market had 212 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 | 8 | 10 | +25.0% |
2 Bedrooms | 60 | 50 | -16.7% |
3 Bedrooms | 83 | 94 | +13.3% |
4 Bedrooms | 46 | 42 | -8.7% |
5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Adams County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 52 | -22.4% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Adams County in April 2024, down by 22.4% month-over-month. Of the 52 sold homes, 52% were sold under asking, 25% were sold at asking, and 23% were sold over asking.
Days on Market for Adams County, IL
How long does it take to sell a home in Adams County, IL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 41 Days | -25.6% |
Summary: Homes in Adams County had an average of 41 days on market in Apr 2024, down by 25.6% compared to last month.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 52 homes were sold in Adams County; 69% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.