Backup offers
$1,603 Closing Credit¹
#PA1255296, Carla Skaggs, Listing Office: Jim Maloof Realty, Inc.
Hanna City Housing Market Report January 2025•Peoria County, Illinois
Housing Prices in Hanna City, IL
How much do homes in Hanna City, IL cost?
Housing Market Conditions
Is Hanna City, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Hanna City is a Buyer's Market
Difference Since December 2024
Last month, Hanna City was a Seller's Market.
Insight
Hanna City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$400,000$126/SqFt
+$75,550
+23.3%
Based on all homes sold in January 2025
Insight
Homes in Hanna City have sold for 23.3% more than they did a month ago.
Summary: The median home sold price in Hanna City was $400,000 in January 2025, up 23.3% from last month, and the median price per square foot was $126.
Median Sold Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Hanna City | $324.4K | $400K | +23.3% |
| Logan Township | $189K | $208K | +10.1% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $189K | $400K | +111.6% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | $459.9K | - | N/A |
Summary: Hanna City 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 increased by +111.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Hanna City, IL
How many homes are available in Hanna City, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthJan 2025 | ||
| 92 months agoDec 2024 | -11.1 % Change MoMDec – Jan |
Summary: The Hanna City real estate market had 8 homes for sale in Jan 2025, a 11.1 % 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 | 1 | 1 | 0.0% |
| 33 Bedrooms | 4 | 3 | -25.0% |
| 44 Bedrooms | 2 | 3 | +50.0% |
| 55+ Bedrooms | 2 | 1 | -50.0% |
Summary: Hanna City 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 decreased by -25.0%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Hanna City, IL cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in Hanna City, 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 Hanna City 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 Hanna City, IL
How long does it take to sell a home in Hanna City, IL?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Hanna City has remained consistent over time.
Summary: During January 2025, 1 homes were sold in Hanna City; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 48 DaysLast MonthJan 2025 | ||
| 49 Days1 month agoDec 2024 | -3.0 % Change MoMDec – Jan |
Summary: Homes in Hanna City had an average listing age of 48 days in Jan 2025, down by 3.0% compared to the previous month.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Hanna City, IL
What homes are available in Hanna City, IL?
$8,180 Closing Credit¹
#PA1255188, Kelly Rupp, Listing Office: Coldwell Banker Real Estate Group
$1,602 Closing Credit¹
#PA1254108, Amber Neal, Listing Office: Jim Maloof Realty, Inc.
#PA1253761, Amanda Allsup, Listing Office: RE/MAX Traders Unlimited
$3,739 Closing Credit¹
#PA1253196, Ryan Deiss, Listing Office: Keller Williams Revolution Mac
$1,829 Closing Credit¹
#PA1252932, Amber Neal, Listing Office: Jim Maloof Realty, Inc.
Nearby markets
Nearby markets aren't available for Hanna City, IL
Popular Cities with Homes for Sale in Illinois
- Homes for sale in Chicago, IL
- Homes for sale in Naperville, IL
- Homes for sale in Aurora, IL
- Homes for sale in Elgin, IL
- Homes for sale in Peoria, IL
- Homes for sale in Evanston, IL
- Homes for sale in Palatine, IL
- Homes for sale in Orland Park, IL
- Homes for sale in Arlington Heights, IL
- Homes for sale in Oak Lawn, IL
- Homes for sale in Schaumburg, IL
- Homes for sale in Bloomington, IL
- Homes for sale in Elmhurst, IL
- Homes for sale in Downers Grove, IL
- Homes for sale in Glenview, IL
- Homes for sale in Champaign, IL
- Homes for sale in Plainfield, IL
- Homes for sale in Wheaton, IL
- Homes for sale in Tinley Park, IL
- Homes for sale in Park Ridge, IL
- Homes for sale in Rockford, IL
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: 2/1/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.