Is Randolph 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, Randolph County has remained a Seller's Market.
Housing Prices in Randolph County, IL
How much do homes in Randolph County, IL cost?
Median Sold Price
$135,000
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Randolph County was $135,000 in April 2024, up 3.8% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $119.5K | $51K | -57.3% |
2 Bedrooms | $89.9K | $80K | -11.0% |
3 Bedrooms | $134.7K | $140K | +3.9% |
4 Bedrooms | $127K | $237K | +86.6% |
5+ Bedrooms | $181K | $220K | +21.5% |
Summary: Randolph County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.3%, 2 bedroom homes decreased by 11%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 86.6%, and 5+ bedroom homes increased by 21.5%.
Median Sold Price Compared To Nearby Counties
Monroe County | $290K | $307.9K | +6.2% |
Jackson County | $123K | $129.8K | +5.6% |
Randolph County | $130K | $135K | +3.8% |
Housing Supply in Randolph County, IL
How many homes are available in Randolph County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
72 | 70 | -2.8% |
Summary: The Randolph County real estate market had 70 homes for sale in April 2024, a 2.8% decrease 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 | 13 | 11 | -15.4% |
3 Bedrooms | 39 | 40 | +2.6% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Randolph 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 decreased by 15.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 13 | -7.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Randolph County in April 2024, down by 7.1% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for Randolph County, IL
How long does it take to sell a home in Randolph County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
111 Days | 81 Days | -26.6% |
Summary: Homes in Randolph County had an average of 81 days on market in Apr 2024, down by 26.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Randolph County; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.