Is Carroll County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carroll County is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Carroll County was a Neutral Market.

Key Takeaway

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

Housing Prices in Carroll County, IL

How much do homes in Carroll County, IL cost?

Median Sold Price

$124,900

$78/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,900(+4.1%)

Key Takeaway

Homes in Carroll County have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Carroll County was $124,900 in April 2024, up 4.1% from last year, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $42.9K$37K
-13.8%
2 $65.7K$90K
+36.9%
3 $140K$124.9K
-10.8%
4 $183.5K$163K
-11.2%
5+ $115K$194.5K
+69.1%

Summary: Carroll County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes increased by 36.9%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes increased by 69.1%.

Median Sold Price Compared To Nearby Counties

Whiteside County
+8.3%
Carroll County
+4.1%
Jo Daviess County
-5.1%
Stephenson County
-10.3%

Housing Supply in Carroll County, IL

How many homes are available in Carroll County, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3335+6.1%

Summary: The Carroll County real estate market had 35 homes for sale in April 2024, a 6.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 2323
0.0%
4 67
+16.7%
5+ 00
0.0%

Summary: The Carroll County 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carroll County, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Carroll County in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Carroll County, IL

How long does it take to sell a home in Carroll County, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
33 Days43 Days+31.0%

Summary: Homes in Carroll County had an average of 43 days on market in Apr 2024, up by 31% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in Carroll County; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 11 Days Ago

Newest Listings in Carroll County, IL

Nearby Markets to Carroll County, IL

What housing markets are near Carroll County, IL?