Gillespie, IL

Buyer's market-34.9% YoY

Housing market overview · Updated weekly

$143,250median sale price

Homes sold

2

Last 12 weeks

Days on market

55

Average pace

Active listings

10

5.0 months supply

Sale-to-list

87.7%

Below asking

The Gillespie housing market is currently classified as a buyer's market with a median sale price of $143,250. Prices have fallen 34.9% compared to last year, with homes spending an average of 55 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Gillespie

There are currently 10 homes listed for sale in Gillespie, Illinois. The median listing price is $190K.

Active listings

10

Homes on market

Median list price

$190K

Avg. days on market

55

Days until sale

New this week

2

Newly listed

Price drops:20.0%of listings
Sale-to-list:87.7%

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Frequently asked questions

What is the average home price in Gillespie?

The median home sale price in Gillespie is $143,250, down 34.9% from last year.

How long do homes stay on market in Gillespie?

Homes typically spend 55 days on market before going under contract.

Is Gillespie a buyer's or seller's market?

With 5.0 months of supply, Gillespie is currently a buyer's market.

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