Is De Witt County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, De Witt County has remained a Seller's Market.
Housing Prices in De Witt County, IL
How much do homes in De Witt County, IL cost?
Median Sold Price
$138,500
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in De Witt County was $138,500 in April 2024, up 17.1% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $49.5K | $37.5K | -24.2% |
2 Bedrooms | $79.9K | $84.5K | +5.8% |
3 Bedrooms | $130K | $155K | +19.2% |
4 Bedrooms | $155.4K | $205.5K | +32.2% |
5+ Bedrooms | $168.7K | $228.5K | +35.4% |
Summary: De Witt County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.2%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 32.2%, and 5+ bedroom homes increased by 35.4%.
Median Sold Price Compared To Nearby Counties
Piatt County | $180K | $224.9K | +24.9% |
De Witt County | $118.2K | $138.5K | +17.1% |
McLean County | $209.9K | $230.8K | +10.0% |
Housing Supply in De Witt County, IL
How many homes are available in De Witt County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 47 | +17.5% |
Summary: The De Witt County real estate market had 47 homes for sale in April 2024, a 17.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 20 | 23 | +15.0% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The De Witt 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 30%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 18 | +200.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in De Witt County in April 2024, up by 200.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% were sold over asking.
Days on Market for De Witt County, IL
How long does it take to sell a home in De Witt County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 17 Days | -72.1% |
Summary: Homes in De Witt County had an average of 17 days on market in Apr 2024, down by 72.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in De Witt County; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.