Swansea, IL

Buyer's market-9.3% YoY

Housing market overview · Updated weekly

$220,000median sale price

Homes sold

10

Last 12 weeks

Days on market

43

Average pace

Active listings

66

6.6 months supply

Sale-to-list

93.6%

Below asking

The Swansea housing market is currently classified as a buyer's market with a median sale price of $220,000. Prices have fallen 9.3% compared to last year, with homes spending an average of 43 days on market, indicating 6.6 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 Swansea

There are currently 66 homes listed for sale in Swansea, Illinois. The median listing price is $277K.

Active listings

66

Homes on market

Median list price

$277K

Avg. days on market

43

Days until sale

New this week

12

Newly listed

Price drops:6.1%of listings
Sale-to-list:93.6%

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Frequently asked questions

What is the average home price in Swansea?

The median home sale price in Swansea is $220,000, down 9.3% from last year.

How long do homes stay on market in Swansea?

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

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

With 6.6 months of supply, Swansea is currently a buyer's market.

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