Is Crainville, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crainville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Crainville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Crainville, IL

How much do homes in Crainville, IL cost?

Median Sold Price

$20,500

$23/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$127,000(-86.1%)

Key Takeaway

Homes in Crainville have sold for 86.1% less than they did a month ago.

Summary: The median home sold price in Crainville was $20,500 in April 2024, down 86.1% from last month, and the median price per square foot was $23.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$20.5K
N/A
2 --
N/A
3 $113.7K-
N/A
4 $319.9K-
N/A
5+ --
N/A

Summary: Crainville 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Crainville, IL

How many homes are available in Crainville, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
53-40.0%

Summary: The Crainville real estate market had 3 homes for sale in April 2024, a 40.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 00
0.0%
3 32
-33.3%
4 10
-100.0%
5+ 00
0.0%

Summary: The Crainville 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crainville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Crainville in April 2024, down by 66.7% 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 Crainville, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
58 Days12 Days-79.4%

Summary: Homes in Crainville had an average of 12 days on market in Apr 2024, down by 79.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Crainville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

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