Pittsfield, IL

Real estate in Pittsfield, Illinois is a booming industry. The city has a population of around 100,000 people and there is plenty of demand for housing. In addition, the city is located in the heart of the Chicago metropolitan area, which means that it has access to a large pool of potential buyers.

The real estate market in Pittsfield is highly competitive. There are a lot of homes available for sale and buyers have to be willing to pay top dollar for them. The median home price in the city was $269,900 as of September 2017. However, this figure does not include properties that are listed under contract or those that have already been sold. In fact, according to Zillow’s recent report on Illinois real estate prices, the median home price in Pittsfield was $291,200 – which makes it one of the most expensive cities in Illinois!

One reason why prices are so high in Pittsfield is because there are a lot of homes available for sale. According to Zillow’s report, there were 2,711 homes for sale as of September 2017 – which is more than double the number of homes that were available just two years ago! This high level of availability has led to fierce competition among buyers and sellers alike.

Another factor that has contributed to high prices in Pittsfield is the fact that the city has a strong economy. As mentioned earlier, it is located close to some major metropolitan areas – including Chicago – which means that there is plenty of demand for housing here. Furthermore, many businesses have relocated their headquarters to Pittsfield over recent years due to its favourable business climate and excellent infrastructure facilities. This has led to an increase in jobs and income levels throughout the city – which has helped drive up house prices even further!

Overall then, real estate in Pittsfield is booming thanks largely to its strong economy and plentiful supply of housing options. Prices are very high relative to other cities across Illinois but this may change as more properties come onto the market over time – especially if economic conditions worsen elsewhere within the state!