Carbondale-Marion, IL

There is no doubt that the Carbondale-Marion, IL metropolitan statistical area (MSA) has been hit hard by the housing market crash of 2008. However, there are signs that the market is beginning to rebound. Sales of existing homes in the MSA increased by 9.4% in 2013, and the median sales price rose by 4.5%. Additionally, the number of new home starts increased by 23% in 2013.

These trends are likely to continue in 2014 as more buyers enter the market and prices continue to rise. The combination of low interest rates and increasing prices will make now a good time to buy a home in Carbondale-Marion, IL MSA.