Is Greenville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Greenville has remained a Seller's Market.
Housing Prices in Greenville, IL
How much do homes in Greenville, IL cost?
Median Sold Price
$145,000
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Greenville was $145,000 in May 2024, up 9.6% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $37K | $73K | +97.3% |
2 Bedrooms | $77.5K | $114K | +47.1% |
3 Bedrooms | $150K | $155K | +3.3% |
4 Bedrooms | $305K | $208K | -31.8% |
5+ Bedrooms | $227.5K | $315K | +38.5% |
Summary: Greenville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.3%, 2 bedroom homes increased by 47.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 31.8%, and 5+ bedroom homes increased by 38.5%.
Median Sold Price Compared To Nearby Cities
Greenville | $132.3K | $145K | +9.6% |
Central Township | $125K | $136.5K | +9.2% |
Housing Supply in Greenville, IL
How many homes are available in Greenville, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 39 | +25.8% |
Summary: The Greenville real estate market had 39 homes for sale in May 2024, a 25.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 18 | 21 | +16.7% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Greenville 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 increased by 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Greenville in May 2024, up by 120.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 0% were sold at asking, and 18% were sold over asking.
Days on Market for Greenville, IL
How long does it take to sell a home in Greenville, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
93 Days | 90 Days | -4.1% |
Summary: Homes in Greenville had an average of 90 days on market in May 2024, down by 4.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Greenville; 18% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.