Is Carbondale Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carbondale Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Carbondale Township, IL

How much do homes in Carbondale Township, IL cost?

Median Sold Price

$136,500

$87/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$17,300(+14.5%)

Key Takeaway

Homes in Carbondale Township have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in Carbondale Township was $136,500 in May 2024, up 14.5% from last year, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $64.9K$74K
+13.9%
3 $120K$135.5K
+12.9%
4 $169K$193K
+14.2%
5+ $302.5K$329.5K
+8.9%

Summary: Carbondale Township 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 increased by 13.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 8.9%.

Median Sold Price Compared To Nearby Cities

Murphysboro Township
+28.0%
Carbondale
+16.7%
Carbondale Township
+14.5%
Makanda Township
+8.9%

Housing Supply in Carbondale Township, IL

How many homes are available in Carbondale Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
153164+7.2%

Summary: The Carbondale Township real estate market had 164 homes for sale in May 2024, a 7.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 2725
-7.4%
3 7584
+12.0%
4 3539
+11.4%
5+ 1616
0.0%

Summary: The Carbondale Township 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 decreased by 7.4%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1633+106.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carbondale Township, you may be able to get a good deal. 48.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Carbondale Township in May 2024, up by 106.3% month-over-month. Of the 33 sold homes, 48% were sold under asking, 18% were sold at asking, and 33% were sold over asking.

Days on Market for Carbondale Township, IL

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

Average Sale Time

May 2023May 2024CHANGE
83 Days48 Days-41.6%

Summary: Homes in Carbondale Township had an average of 48 days on market in May 2024, down by 41.6% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 33 homes were sold in Carbondale Township; 67% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 24% 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 Carbondale Township, IL

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What housing markets are near Carbondale Township, IL?