Rankin, IL

Balanced market

Housing market overview · Updated weekly

$109,000median sale price

Homes sold

2

Last 12 weeks

Days on market

186

Average pace

Active listings

2

1.0 months supply

Sale-to-list

89.3%

Below asking

The Rankin housing market is currently classified as a balanced market with a median sale price of $109,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 186 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 Rankin

There are currently 2 homes listed for sale in Rankin, Illinois.

Active listings

2

Homes on market

Avg. days on market

186

Days until sale

Sale-to-list:89.3%

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Frequently asked questions

What is the average home price in Rankin?

The median home sale price in Rankin is $109,000, down 0.0% from last year.

How long do homes stay on market in Rankin?

Homes typically spend 186 days on market before going under contract.

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

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

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