Royal Lakes Housing Market Report March 2025•Macoupin County, Illinois

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Housing Prices in Royal Lakes, IL

How much do homes in Royal Lakes, IL cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$49,450$49/SqFt

Based on all homes listed in March 2025

Insight

The list price of homes in Royal Lakes has remained the same since February.

Summary: The median home list price in Royal Lakes was $49,450 in March 2025, the same as the previous month, and the median price per square foot was $49.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Hillyard Township
0.0%
Royal Lakes
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2025Mar 2025Change MoM
1$39K$39K
0.0%
2$59.9K$59.9K
0.0%
3--
N/A
4--
N/A
5--
N/A

Summary: Royal Lakes housing price by bedroom type for March 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 did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Royal Lakes, IL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Royal Lakes, IL

Housing supply in Royal Lakes, IL

How many homes are available in Royal Lakes, IL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2Last MonthMar 2025
22 months agoFeb 2025
0.0 %
Change MoMFeb – Mar

Summary: The Royal Lakes real estate market had 2 homes for sale in Mar 2025, the same as Feb 2025

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
111
0.0%
211
0.0%
300
0.0%
400
0.0%
500
0.0%

Summary: Royal Lakes housing inventory by bedroom type for March 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 remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Royal Lakes, IL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Royal Lakes, 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 Royal Lakes in March 2025, 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 Royal Lakes, IL

How long does it take to sell a home in Royal Lakes, 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 Royal Lakes has remained consistent over time.

Summary: During March 2025, 1 homes were sold in Royal Lakes; 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 Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
189 DaysLast MonthMar 2025
174 Days1 month agoFeb 2025
+8.9 %
Change MoMFeb – Mar

Summary: Homes in Royal Lakes had an average listing age of 189 days in Mar 2025, up by 8.9% compared to the previous month.

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Newest Listings in Royal Lakes, IL

What homes are available in Royal Lakes, IL?

New listings aren’t available for Royal Lakes, IL

Nearby markets

Nearby markets aren't available for Royal Lakes, IL

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