Metamora IL Real Estate Market Update
February 2021

Let's take a look at the Metamora IL Real Estate Market trends over the past six months. This report consists of properties that are located in Metamora High School District. It includes all residential properties including single family and single family attached properties but does not include lots.

Metamora IL Real Estate - Homes for Sale

There are currently (02/01/2021) 24 properties for sale. The average days on market is 74 and the median days on market is 59 days. The average list price is $297,629 and the median asking price is $271,872.

Metamora homes that sold within the past 6 months

There have been 117 properties that have sold and closed within the last six months. The average original asking price was $246,851 and the final asking price (after price reductions) was $242,364. The average sales price was $233,342 so the final list price to sales price ratio was 96%. The median original asking price was $215,000 and the final median asking price was $209,900. The median sale price was $207,000 so the final median asking price to sales price ration was 99%.

The average days on market for sold properties was 45 days and the median days on market for sold properties was 16 days.

Metamora homes that did not sell

There were 24 homes that were listed for sale that came off of the market without selling. Listings may fail to sell for many reasons such as being priced too high, having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time.