South Beloit, IL

Balanced market+100.4% YoY

Housing market overview · Updated weekly

$240,500median sale price

Homes sold

4

Last 12 weeks

Days on market

34

Average pace

Active listings

16

4.0 months supply

Sale-to-list

98.3%

Below asking

The South Beloit housing market is currently classified as a balanced market with a median sale price of $240,500. Prices have risen 100.4% compared to last year, with homes spending an average of 34 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in South Beloit

There are currently 16 homes listed for sale in South Beloit, Il. The median listing price is $320K.

Active listings

16

Homes on market

Median list price

$320K

Avg. days on market

34

Days until sale

New this week

18

Newly listed

Price drops:18.8%of listings
Sale-to-list:98.3%

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Frequently asked questions

What is the average home price in South Beloit?

The median home sale price in South Beloit is $240,500, up 100.4% from last year.

How long do homes stay on market in South Beloit?

Homes typically spend 34 days on market before going under contract.

Is South Beloit a buyer's or seller's market?

With 4.0 months of supply, South Beloit is currently a balanced market.

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