Is Edwards, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Edwards was a Seller's Market.
Housing Prices in Edwards, IL
How much do homes in Edwards, IL cost?
Median Sold Price
$375,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Edwards was $375,000 in May 2024, down 1.3% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $158.7K | - | N/A |
3 Bedrooms | $315K | $322K | +2.2% |
4 Bedrooms | $300K | $350.2K | +16.8% |
5+ Bedrooms | $420K | $435K | +3.6% |
Summary: Edwards 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 did not change, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
Radnor Township | $360K | $405K | +12.5% |
Kickapoo Township | $322.5K | $358.7K | +11.2% |
Peoria | $126.1K | $129.3K | +2.5% |
Edwards | $380K | $375K | -1.3% |
Housing Supply in Edwards, IL
How many homes are available in Edwards, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Summary: The Edwards real estate market had 13 homes for sale in May 2024, a 30.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Edwards 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
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 Edwards in May 2024, down by 50.0% 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 Edwards, IL
How long does it take to sell a home in Edwards, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 237 Days | +393.8% |
Summary: Homes in Edwards had an average of 237 days on market in May 2024, up by 393.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Edwards; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.