Carbondale, IL metro area Housing Market
Cold MarketComprehensive housing market data for the Carbondale, IL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$89K
↓ 44.4% YoY
Days on Market
113 days
↑ 76.6% YoY
Active Inventory
446
↓ 4.3% YoY
Homes Sold
127
↑ 21.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Carbondale, IL metro area Market Summary
The Carbondale, IL metro area housing market is cooling down. As of March 2026, the median home sale price is $89K, down 44.4% year-over-year. Homes are spending a median of 113 days on the market, 76.6% longer than a year ago.
There are 446 homes for sale — 4.3% fewer than last year. With 3.5 months of supply, this is a seller's market. 226 new listings were added during this period, up 32.2% year-over-year.
Homes are selling for 92.9% of their list price on average, suggesting room for negotiation. 7.9% of homes sell above their asking price. 24.4% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
76
Contributing Factors
How This Market Compares
vs. National Median
vs. Illinois Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 80% below the national median, which could indicate stronger cash flow potential.
Carbondale, IL metro area Market Trends
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Detailed Market Metrics
Median List Price
$200K
Price per Sq Ft
$91
Sale-to-List Ratio
92.9%
Months of Supply
3.5
Sold Above List
7.9%
Price Drops
24.4%
New Listings
226
↑ 32.2% YoY
Pending Sales
202
Off Market in 2 Weeks
56.4%
Other Markets in Illinois
Chicago, IL metro area
$375K · 51d on market
Elgin, IL metro area
$367K · 54d on market
Lake County, IL metro area
$371K · 49d on market
Peoria, IL metro area
$163K · 29d on market
Rockford, IL metro area
$225K · 14d on market
Springfield, IL metro area
$208K · 24d on market
Champaign, IL metro area
$225K · 57d on market
Bloomington, IL metro area
$269K · 46d on market
Analyze a deal in Carbondale, IL metro area
Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.
Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.