Is Pontoon Beach, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pontoon Beach has remained a Seller's Market.
Housing Prices in Pontoon Beach, IL
How much do homes in Pontoon Beach, IL cost?
Median Sold Price
$187,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pontoon Beach was $187,000 in May 2024, up 24.7% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $109.9K | $117K | +6.5% |
3 Bedrooms | $150K | $187K | +24.7% |
4 Bedrooms | $199.1K | $283.4K | +42.4% |
5+ Bedrooms | - | $230K | N/A |
Summary: Pontoon Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 24.7%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pontoon Beach | $150K | $187K | +24.7% |
Nameoki Township | $137.5K | $161K | +17.1% |
Granite City | $109.9K | $120K | +9.1% |
Granite City Township | $109.9K | $120K | +9.1% |
Chouteau Township | $125K | $120K | -4.0% |
Housing Supply in Pontoon Beach, IL
How many homes are available in Pontoon Beach, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Summary: The Pontoon Beach real estate market had 22 homes for sale in May 2024, a 4.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pontoon Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Pontoon Beach in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Pontoon Beach, IL
How long does it take to sell a home in Pontoon Beach, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 52 Days | +107.9% |
Summary: Homes in Pontoon Beach had an average of 52 days on market in May 2024, up by 107.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Pontoon Beach; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.