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Glen Carbon Housing Market Report December 2024•Madison County, Illinois
Housing Prices in Glen Carbon, IL
How much do homes in Glen Carbon, IL cost?
Housing Market Conditions
Is Glen Carbon, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Glen Carbon is a Seller's Market
Difference Since December 2023
Since last year, Glen Carbon has remained a Seller's Market.
Glen Carbon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Glen Carbon have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Glen Carbon was $325,000 in December 2024, up 5.5% from last year, and the median price per square foot was $148.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Glen Carbon | $308K | $325K | +5.5% |
Collinsville Township | $200K | $210.6K | +5.3% |
Edwardsville Township | $314.9K | $323K | +2.6% |
Edwardsville | $314.8K | $319K | +1.3% |
Maryville | $322.5K | $317K | -1.7% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $96K | $110K | +14.6% |
22 Bedrooms | $205K | $224.5K | +9.5% |
33 Bedrooms | $252.5K | $292K | +15.6% |
44 Bedrooms | $400.5K | $405K | +1.1% |
55+ Bedrooms | $485K | $498K | +2.7% |
Summary: Glen Carbon housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +14.6%. The home price for 2 bedroom homes increased by +9.5%. The home price for 3 bedroom homes increased by +15.6%. The home price for 4 bedroom homes increased by +1.1%. The home price for 5 bedroom homes increased by +2.7%.
Housing supply in Glen Carbon, IL
How many homes are available in Glen Carbon, IL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
44Last MonthDec 2024 | ||
502 months agoNov 2024 | -12.0 % Change MoMNov – Dec |
Summary: The Glen Carbon real estate market had 44 homes for sale in Dec 2024, a 12.0 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
18Last MonthDec 2024 | ||
142 months agoNov 2024 | +28.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 10 | 6 | -40.0% |
33 Bedrooms | 15 | 18 | +20.0% |
44 Bedrooms | 17 | 13 | -23.5% |
55+ Bedrooms | 7 | 6 | -14.3% |
Summary: Glen Carbon housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -40.0%. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes decreased by -23.5%. The inventory for 5 bedroom homes decreased by -14.3%.
Asking Price vs. Sold Price
How much do homes in Glen Carbon, IL cost?
Over Asking Price4 Homes
At Asking Price5 Homes
Under Asking Price9 Homes
If you're buying a home in Glen Carbon, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Glen Carbon in December 2024, up by 28.6% month-over-month. Of the 18 sold homes, 50% were sold under asking, 28% were sold at asking, and and 22% were sold over asking.
Days on Market for Glen Carbon, IL
How long does it take to sell a home in Glen Carbon, IL?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days12 Homes
Over 90 Days0 Home
Avg time on Rocket Homes in Glen Carbon has remained consistent over time.
Summary: During December 2024, 18 homes were sold in Glen Carbon; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
37 DaysThis YearDec 2024 | ||
78 Days1 year agoDec 2023 | -52.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Glen Carbon had an average listing age of 37 days in Dec 2024, down by 52.3% compared to the previous year.
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Newest Listings in Glen Carbon, IL
What homes are available in Glen Carbon, IL?
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MLS Disclaimers and Copyright
Based on information from Mid America Regional Information System, for the period 01/01/2023 - 01/01/2025
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.
Based on information submitted to the 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.
IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 11:53:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.