Pontiac, IL

Buyer's market+22.9% YoY

Housing market overview · Updated weekly

$86,000median sale price

Homes sold

3

Last 12 weeks

Days on market

43

Average pace

Active listings

24

8.0 months supply

Sale-to-list

91.8%

Below asking

The Pontiac housing market is currently classified as a buyer's market with a median sale price of $86,000. Prices have risen 22.9% compared to last year, with homes spending an average of 43 days on market, indicating 8.0 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 Pontiac

There are currently 24 homes listed for sale in Pontiac, Illinois. The median listing price is $147K.

Active listings

24

Homes on market

Median list price

$147K

Avg. days on market

43

Days until sale

New this week

6

Newly listed

Price drops:29.2%of listings
Sale-to-list:91.8%

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Frequently asked questions

What is the average home price in Pontiac?

The median home sale price in Pontiac is $86,000, up 22.9% from last year.

How long do homes stay on market in Pontiac?

Homes typically spend 43 days on market before going under contract.

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

With 8.0 months of supply, Pontiac is currently a buyer's market.

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