$1,186 Closing Credit¹
Jen Miller, Listing Office: RE/MAX Concepts Bettendorf
New Boston Housing Market Report December 2024•Mercer County, Illinois
Housing Prices in New Boston, IL
How much do homes in New Boston, IL cost?
Median List Price
$84,500$87/SqFt
-$35,400
-29.5%
Based on all homes listed in the last 12 months
Insight
The list price of homes in New Boston has decreased by 29.5% since last year.
Summary: The median home list price in New Boston was $84,500 in December 2024, down 29.5% from the previous year, and the median price per square foot was $87.
Median List Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| New Boston Township | $119.9K | $94K | -21.6% |
| New Boston | $119.9K | $84.5K | -29.5% |
Median List Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $20K | $66.5K | +232.5% |
| 22 Bedrooms | $115.9K | $117K | +0.9% |
| 33 Bedrooms | $140K | $127.4K | -9.0% |
| 44 Bedrooms | $127K | $119.9K | -5.6% |
| 55+ Bedrooms | - | - | N/A |
Summary: New Boston housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +232.5%. The home price for 2 bedroom homes increased by +0.9%. The home price for 3 bedroom homes decreased by -9.0%. The home price for 4 bedroom homes decreased by -5.6%. The home price for 5 bedroom homes did not change.
Housing supply in New Boston, IL
How many homes are available in New Boston, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthDec 2024 | ||
| 32 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The New Boston real estate market had 3 homes for sale in Dec 2024, the same as Nov 2024
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 0 | 0 | 0.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: New Boston 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 remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in New Boston, IL cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in New Boston, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in New Boston in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for New Boston, IL
How long does it take to sell a home in New Boston, IL?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in New Boston are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in New Boston; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 97 DaysThis YearDec 2024 | ||
| 97 Days1 year agoDec 2023 | -0.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in New Boston had an average listing age of 97 days in Dec 2024, down by 0.3% compared to the previous year.
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Newest Listings in New Boston, IL
What homes are available in New Boston, IL?
Backup offers
$689 Closing Credit¹
Zach Frick, Listing Office: EXP REALTY, LLC
Nearby markets
Nearby markets aren't available for New Boston, IL
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MLS Disclaimers and Copyright
Based on information from RMLS Alliance, for the period 01/01/2023 - 01/01/2025
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.
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: 1/30/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.