Makanda, IL

Balanced market-48.2% YoY

Housing market overview · Updated weekly

$145,000median sale price

Homes sold

1

Last 12 weeks

Days on market

63

Average pace

Active listings

1

1.0 months supply

Sale-to-list

93.5%

Below asking

The Makanda housing market is currently classified as a balanced market with a median sale price of $145,000. Prices have fallen 48.2% compared to last year, with homes spending an average of 63 days on market, indicating 1.0 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 Makanda

There are currently 1 homes listed for sale in Makanda, Illinois. The median listing price is $350K.

Active listings

1

Homes on market

Median list price

$350K

Avg. days on market

63

Days until sale

New this week

1

Newly listed

Sale-to-list:93.5%

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Frequently asked questions

What is the average home price in Makanda?

The median home sale price in Makanda is $145,000, down 48.2% from last year.

How long do homes stay on market in Makanda?

Homes typically spend 63 days on market before going under contract.

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

With 1.0 months of supply, Makanda is currently a balanced market.

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