Is Antioch, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Antioch is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Antioch has remained a Seller's Market.

Key Takeaway

Antioch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Antioch, IL

How much do homes in Antioch, IL cost?

Median Sold Price

$315,666

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$666(+0.2%)

Key Takeaway

The sold price of homes in Antioch has remained the same since last year.

Summary: The median home sold price in Antioch was $315,666 in May 2024, up 0.2% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $158.5K$130K
-17.9%
2 $215K$215K
0.0%
3 $294K$300K
+2.0%
4 $350K$375.5K
+7.3%
5+ $375K$430K
+14.7%

Summary: Antioch housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 14.7%.

Median Sold Price Compared To Nearby Cities

Newport Township
+11.3%
Antioch Township
+3.7%
Antioch
0.2%
Salem
-3.3%
Trevor
-7.7%

Housing Supply in Antioch, IL

How many homes are available in Antioch, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
97119+22.7%

Summary: The Antioch real estate market had 119 homes for sale in May 2024, a 22.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 1819
+5.6%
3 3842
+10.5%
4 3145
+45.2%
5+ 913
+44.4%

Summary: The Antioch housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 45.2%, and 5+ bedroom homes increased by 44.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3626-27.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Antioch, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in Antioch in May 2024, down by 27.8% month-over-month. Of the 26 sold homes, 31% were sold under asking, 23% were sold at asking, and 46% were sold over asking.

Days on Market for Antioch, IL

How long does it take to sell a home in Antioch, IL?

Average Sale Time

May 2023May 2024CHANGE
16 Days24 Days+50.9%

Summary: Homes in Antioch had an average of 24 days on market in May 2024, up by 50.9% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Antioch are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 26 homes were sold in Antioch; 77% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Antioch, IL

Nearby Markets to Antioch, IL

What housing markets are near Antioch, IL?