#PA1255056, Todd Gilliland, Listing Office: TNT Realty Group, Inc.
Good Hope Housing Market Report January 2025•McDonough County, Illinois
Housing Prices in Good Hope, IL
How much do homes in Good Hope, IL cost?
Housing Market Conditions
Is Good Hope, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Good Hope is a Seller's Market
Difference Since December 2024
Last month, Good Hope has remained a Seller's Market.
Insight
Good Hope is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$85,000$55/SqFt
+$5,500
+6.9%
Based on all homes sold in January 2025
Insight
Homes in Good Hope have sold for 6.9% more than they did a month ago.
Summary: The median home sold price in Good Hope was $85,000 in January 2025, up 6.9% from last month, and the median price per square foot was $55.
Median Sold Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Good Hope | $79.5K | $85K | +6.9% |
| Sciota Township | $105K | $85K | -19.0% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | - | - | N/A |
| 44 Bedrooms | $79.5K | $85K | +6.9% |
| 55+ Bedrooms | - | - | N/A |
Summary: Good Hope housing price by bedroom type for January 2025, compared to the previous year. 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 did not change. The home price for 4 bedroom homes increased by +6.9%. The home price for 5 bedroom homes did not change.
Housing supply in Good Hope, IL
How many homes are available in Good Hope, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthJan 2025 | ||
| 72 months agoDec 2024 | -28.6 % Change MoMDec – Jan |
Summary: The Good Hope real estate market had 5 homes for sale in Jan 2025, a 28.6 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthJan 2025 | ||
| 22 months agoDec 2024 | -50.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 2 | 2 | 0.0% |
| 44 Bedrooms | 4 | 2 | -50.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Good Hope housing inventory by bedroom type for January 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 decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Good Hope, IL cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in Good Hope, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Good Hope in January 2025, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Good Hope, IL
How long does it take to sell a home in Good Hope, IL?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Good Hope are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 1 homes were sold in Good Hope; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 138 DaysLast MonthJan 2025 | ||
| 89 Days1 month agoDec 2024 | +54.2 % Change MoMDec – Jan |
Summary: Homes in Good Hope had an average listing age of 138 days in Jan 2025, up by 54.2% compared to the previous month.
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Newest Listings in Good Hope, IL
What homes are available in Good Hope, IL?
$742 Closing Credit¹
#PA1255095, Nick Curtis, Listing Office: RE/MAX Unified Brokers
$3,266 Closing Credit¹
#PA1255005, Gene Curtis, Listing Office: RE/MAX Unified Brokers
$4,986 Closing Credit¹
#PA1252602, Steve Silberer, Listing Office: C21 Purdum-Epperson Inc
$1,127 Closing Credit¹
#PA1252059, Nick Curtis, Listing Office: RE/MAX Unified Brokers
Nearby markets
Nearby markets aren't available for Good Hope, IL
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MLS Disclaimers and Copyright
Based on information from RMLS Alliance, for the period 12/01/2024 - 02/01/2025
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: 2/9/2025, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.