March 6, 2024 – MyMarketPulse (mymarketpulse.com) just released the list of the Hottest Markets in Illinois for January 2024.
Where are homes selling fastest and at the best prices? Curious if there are markets in Illinois where there is a high demand for homes? MyMarketPulse took a deep dive into it, exploring where in Illinois the markets are the hottest.
What We Found
We looked at each county, pulling up the median sale prices sales volume from Redfin, focusing on counties with 25 or more home sales per month. We assign a MarketPulse score based on the three-month weighted average of home sales volume and sale prices versus previous twelve months. Counties were then ranked from highest to lowest based on this score.
The Highlights
In Illinois, the hottest-selling market is Macoupin County, where the MarketPulse Score is 101 and the median sales price comes in at $97,000 with 35 homes sold.
On the flip side, DuPage County sits at the bottom of the market with a MarketPulse Score of 81 with 298 homes sold.
Hottest Markets in Illinois
1. Macoupin County. MarketPulse Score of 101
2. Ogle County. MarketPulse Score of 99
3. Williamson County. MarketPulse Score of 97
4. Stephenson County. MarketPulse Score of 93
5. Rock Island County. MarketPulse Score of 93
For more information about the Illinois market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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