Is Marshall County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Marshall County was a Seller's Market.
Housing Prices in Marshall County, IL
How much do homes in Marshall County, IL cost?
Median Sold Price
$126,250
$80/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Marshall County was $126,250 in April 2024, down 0.8% from last year, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $68K | $32.9K | -51.6% |
2 Bedrooms | $89.9K | $86.5K | -3.8% |
3 Bedrooms | $129K | $126.3K | -2.0% |
4 Bedrooms | $152.5K | $147K | -3.6% |
5+ Bedrooms | $300K | $300K | 0.0% |
Summary: Marshall County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.6%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Woodford County | $185K | $219.2K | +18.5% |
Peoria County | $130K | $134.9K | +3.8% |
Bureau County | $123.5K | $125.3K | +1.5% |
Marshall County | $127.2K | $126.2K | -0.8% |
Putnam County | $193K | $161K | -16.6% |
Housing Supply in Marshall County, IL
How many homes are available in Marshall County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 43 | +7.5% |
Summary: The Marshall County real estate market had 43 homes for sale in April 2024, a 7.5% 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 | 10 | 0.0% |
3 Bedrooms | 18 | 20 | +11.1% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Marshall 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Marshall County in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Marshall County, IL
How long does it take to sell a home in Marshall County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 21 Days | -28.0% |
Summary: Homes in Marshall County had an average of 21 days on market in Apr 2024, down by 28% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Marshall County; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.