#EB458106, Stephanie Lawrence, Listing office: REALTY 618 LLC
Southern Housing Market Report May 2025•Williamson County, Illinois
Housing Prices in Southern, IL
How much do homes in Southern, IL cost?
Housing Market Conditions
Is Southern, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Southern is a Seller's Market
Difference Since May 2024
Since last year, Southern has remained a Seller's Market.
Insight
Southern is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$276,800$148/SqFt
-$93,200
-25.2%
Based on all homes sold in the last 12 months
Insight
Homes in Southern have sold for 25.2% less than they did a year ago.
Summary: The median home sold price in Southern was $276,800 in May 2025, down 25.2% from last year, and the median price per square foot was $148.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Lake No. 1 | $179.9K | $310K | +72.3% |
| West Marion | $164.5K | $159K | -3.3% |
| Southern | $370K | $276.8K | -25.2% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $160.5K | $158K | -1.6% |
| 33 Bedrooms | $394.9K | $307.5K | -22.2% |
| 44 Bedrooms | $400K | $332.7K | -16.8% |
| 55+ Bedrooms | $350K | $400K | +14.3% |
Summary: Southern housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -1.6%. The home price for 3 bedroom homes decreased by -22.2%. The home price for 4 bedroom homes decreased by -16.8%. The home price for 5 bedroom homes increased by +14.3%.
How does Southern, IL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Southern, IL
Housing supply in Southern, IL
How many homes are available in Southern, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 15Last MonthMay 2025 | ||
| 162 months agoApr 2025 | -6.3 % Change MoMApr – May |
Summary: The Southern real estate market had 15 homes for sale in May 2025, a 6.3 % decrease compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthMay 2025 | ||
| 42 months agoApr 2025 | -25.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 9 | 6 | -33.3% |
| 44 Bedrooms | 2 | 3 | +50.0% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Southern housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Southern, IL cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Southern, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Southern in May 2025, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.
Days on Market for Southern, IL
How long does it take to sell a home in Southern, IL?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Southern are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 3 homes were sold in Southern; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 39 DaysThis YearMay 2025 | ||
| 173 Days1 year agoMay 2024 | -77.5 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Southern had an average listing age of 39 days in May 2025, down by 77.5% compared to the previous year.
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 Southern, IL
What homes are available in Southern, IL?
$8,301 Closing Credit¹
#EB458065, MELISSA PLANT, Listing office: COLDWELL BANKER J. DAVID THOMPSON
$4,511 Closing Credit¹
#EB458008, SABRINA HARMON, Listing office: KELLER WILLIAMS PINNACLE
Backup offers
$5,047 Closing Credit¹
#EB457871, Linda Ruehmkorff, Listing office: COLDWELL BANKER J. DAVID THOMPSON
Backup offers
$1,781 Closing Credit¹
#EB457817, Rhiannon Sandefur, Listing office: Selling Southern Illinois Realty
#EB457773, Dave Thompson, Listing office: C21 House of Realty, INC.
#EB457385, JASON MUELLER, Listing office: EXIT REALTY NEW BEGINNINGZ
#EB457301, Robert Thompson, Listing office: COLDWELL BANKER J. DAVID THOMPSON
$5,629 Closing Credit¹
#EB456859, MELISSA PLANT, Listing office: COLDWELL BANKER J. DAVID THOMPSON
Tour
$9,203 Closing Credit¹
#EB456659, MELISSA PLANT, Listing office: COLDWELL BANKER J. DAVID THOMPSON
$10,000 Closing Credit¹
#EB456078, MELISSA PLANT, Listing office: COLDWELL BANKER J. DAVID THOMPSON
Backup offers
$3,076 Closing Credit¹
#EB456022, Jenell Brookhouse, Listing office: C21 House of Realty, INC.
Nearby markets
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 06/01/2023 - 06/01/2025
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: 6/4/2025, 4:35:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.