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Assumption Housing Market Report May 2025•Shelby County, Illinois
Housing Prices in Assumption, IL
How much do homes in Assumption, IL cost?
Housing Market Conditions
Is Assumption, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Assumption is a Seller's Market
Difference Since April 2025
Last month, Assumption was a Buyer's Market.
Insight
Assumption is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$105,000$78/SqFt
-$40,000
-27.6%
Based on all homes sold in May 2025
Insight
Homes in Assumption have sold for 27.6% less than they did a month ago.
Summary: The median home sold price in Assumption was $105,000 in May 2025, down 27.6% from last month, and the median price per square foot was $78.
Median Sold Price By Cities
| City | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| Assumption | $145K | $105K | -27.6% |
| Assumption Township | $145K | $105K | -27.6% |
| Assumption | $145K | $105K | -27.6% |
Median Sold Price By Bedrooms
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $107.5K | N/A |
| 33 Bedrooms | $145K | $105K | -27.6% |
| 44 Bedrooms | - | $77.5K | N/A |
| 55+ Bedrooms | - | $435K | N/A |
Summary: Assumption housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -27.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does Assumption, IL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Assumption, IL
Housing supply in Assumption, IL
How many homes are available in Assumption, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthMay 2025 | ||
| 142 months agoApr 2025 | +7.1 % Change MoMApr – May |
Summary: The Assumption real estate market had 15 homes for sale in May 2025, a 7.1 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthMay 2025 | ||
| 12 months agoApr 2025 | +600.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 4 | 0.0% |
| 33 Bedrooms | 6 | 6 | 0.0% |
| 44 Bedrooms | 3 | 4 | +33.3% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Assumption housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Assumption, IL cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price5 Homes
Insight
If you're buying a home in Assumption, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Assumption in May 2025, up by 600.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and and 14% were sold over asking.
Days on Market for Assumption, IL
How long does it take to sell a home in Assumption, IL?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days3 Homes
Insight
Most homes in Assumption are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2025, 7 homes were sold in Assumption; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 74 DaysLast MonthMay 2025 | ||
| 51 Days1 month agoApr 2025 | +45.4 % Change MoMApr – May |
Summary: Homes in Assumption had an average listing age of 74 days in May 2025, up by 45.4% compared to the previous month.
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Newest Listings in Assumption, IL
What homes are available in Assumption, IL?
Nearby markets
Nearby markets aren't available for Assumption, IL
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MLS Disclaimers and Copyright
Based on information from Central Illinois Board of Realtors MLS, and RMLS Alliance for the period 04/01/2025 - 06/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Central Illinois Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Central Illinois Board of Realtors.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 7:15:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 7:15:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 12:50:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.