Is Macoupin 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, Macoupin County has remained a Seller's Market.
Housing Prices in Macoupin County, IL
How much do homes in Macoupin County, IL cost?
Median Sold Price
$125,416
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Macoupin County was $125,416 in April 2024, up 4.5% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $76K | +26.7% |
2 Bedrooms | $78K | $85K | +9.0% |
3 Bedrooms | $128K | $139K | +8.6% |
4 Bedrooms | $200K | $160K | -20.0% |
5+ Bedrooms | $212K | $215.5K | +1.7% |
Summary: Macoupin County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Counties
Montgomery County | $91.5K | $105.5K | +15.3% |
Greene County | $85K | $95K | +11.8% |
Jersey County | $136K | $149.5K | +9.9% |
Macoupin County | $119.9K | $125.4K | +4.5% |
Madison County | $168.1K | $174.6K | +3.9% |
Housing Supply in Macoupin County, IL
How many homes are available in Macoupin County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
160 | 169 | +5.6% |
Summary: The Macoupin County real estate market had 169 homes for sale in April 2024, a 5.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 41 | 41 | 0.0% |
3 Bedrooms | 77 | 86 | +11.7% |
4 Bedrooms | 30 | 33 | +10.0% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Macoupin County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 40 | +17.6% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Macoupin County in April 2024, up by 17.6% month-over-month. Of the 40 sold homes, 65% were sold under asking, 20% were sold at asking, and 15% were sold over asking.
Days on Market for Macoupin County, IL
How long does it take to sell a home in Macoupin County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 78 Days | +24.8% |
Summary: Homes in Macoupin County had an average of 78 days on market in Apr 2024, up by 24.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During April 2024, 40 homes were sold in Macoupin County; 35% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.