Is Chebanse, 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, Chebanse has remained a Seller's Market.
Housing Prices in Chebanse, IL
How much do homes in Chebanse, IL cost?
Median Sold Price
$236,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chebanse was $236,000 in May 2024, up 50.8% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $124.2K | $154K | +23.9% |
3 Bedrooms | $180.9K | $237K | +31.0% |
4 Bedrooms | $221K | - | N/A |
5+ Bedrooms | $375K | $650K | +73.3% |
Summary: Chebanse 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 23.9%, 3 bedroom homes increased by 31%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 73.3%.
Median Sold Price Compared To Nearby Cities
Chebanse | $156.4K | $236K | +50.8% |
Chebanse Township | $153.2K | $213.7K | +39.5% |
Otto Township | $220K | $200K | -9.1% |
Housing Supply in Chebanse, IL
How many homes are available in Chebanse, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Summary: The Chebanse real estate market had 2 homes for sale in May 2024, the same as 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 | 1 | 1 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chebanse 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Chebanse in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chebanse, IL
How long does it take to sell a home in Chebanse, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 41 Days | +256.5% |
Summary: Homes in Chebanse had an average of 41 days on market in May 2024, up by 256.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Chebanse; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.