Is Carbondale, 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, Carbondale has remained a Seller's Market.
Key Takeaway
Carbondale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carbondale, IL
How much do homes in Carbondale, IL cost?
Median Sold Price
$136,500
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Carbondale have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Carbondale was $136,500 in May 2024, up 16.7% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $62K | $74K | +19.4% |
| 3 Bedrooms | $118.5K | $135.5K | +14.3% |
| 4 Bedrooms | $165K | $193K | +17.0% |
| 5+ Bedrooms | $210K | $329.5K | +56.9% |
Summary: Carbondale 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 19.4%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 56.9%.
Median Sold Price Compared To Nearby Cities
| Murphysboro Township | $93.7K | $120K | +28.0% |
| Carbondale | $117K | $136.5K | +16.7% |
| Carbondale Township | $119.2K | $136.5K | +14.5% |
| Makanda Township | $248K | $270K | +8.9% |
Housing Supply in Carbondale, IL
How many homes are available in Carbondale, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 153 | 164 | +7.2% |
Summary: The Carbondale real estate market had 164 homes for sale in May 2024, a 7.2% 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 | 27 | 25 | -7.4% |
| 3 Bedrooms | 75 | 84 | +12.0% |
| 4 Bedrooms | 35 | 39 | +11.4% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Carbondale 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 decreased by 7.4%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 33 | +106.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carbondale, you may be able to get a good deal. 48.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Carbondale in May 2024, up by 106.3% month-over-month. Of the 33 sold homes, 48% were sold under asking, 18% were sold at asking, and 33% were sold over asking.
Days on Market for Carbondale, IL
How long does it take to sell a home in Carbondale, IL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 83 Days | 48 Days | -41.6% |
Summary: Homes in Carbondale had an average of 48 days on market in May 2024, down by 41.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carbondale are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 33 homes were sold in Carbondale; 67% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.