Is Dixon, 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, Dixon has remained a Seller's Market.
Housing Prices in Dixon, IL
How much do homes in Dixon, IL cost?
Median Sold Price
$156,900
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dixon was $156,900 in April 2024, up 33.6% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72.5K | $140K | +93.1% |
2 Bedrooms | $92K | $119.5K | +29.9% |
3 Bedrooms | $129.9K | $165K | +27.0% |
4 Bedrooms | $137.5K | $172.5K | +25.5% |
5+ Bedrooms | $171K | $192.5K | +12.6% |
Summary: Dixon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.1%, 2 bedroom homes increased by 29.9%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 12.6%.
Median Sold Price Compared To Nearby Cities
Dixon | $117.4K | $156.9K | +33.6% |
Dixon Township | $121K | $156.9K | +29.7% |
Housing Supply in Dixon, IL
How many homes are available in Dixon, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 75 | +10.3% |
Summary: The Dixon real estate market had 75 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 17 | 13 | -23.5% |
3 Bedrooms | 34 | 44 | +29.4% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Dixon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 21 | -4.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Dixon in April 2024, down by 4.5% month-over-month. Of the 21 sold homes, 38% were sold under asking, 29% were sold at asking, and 33% were sold over asking.
Days on Market for Dixon, IL
How long does it take to sell a home in Dixon, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 22 Days | +2.4% |
Summary: Homes in Dixon had an average of 22 days on market in Apr 2024, up by 2.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Dixon; 81% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.