Is Green Garden Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Green Garden Township has remained a Seller's Market.
Housing Prices in Green Garden Township, IL
How much do homes in Green Garden Township, IL cost?
Median Sold Price
$607,500
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Green Garden Township was $607,500 in May 2024, up 6.1% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $563.5K | $626.5K | +11.2% |
4 Bedrooms | $535K | $610K | +14.0% |
5+ Bedrooms | $793K | $574.8K | -27.5% |
Summary: Green Garden Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 27.5%.
Median Sold Price Compared To Nearby Cities
Peotone Township | $276K | $295K | +6.9% |
Green Garden Township | $572.5K | $607.5K | +6.1% |
Frankfort Township | $399.9K | $411.5K | +2.9% |
Monee Township | $212.8K | $214.1K | +0.6% |
Frankfort | $512.2K | $461.2K | -10.0% |
Housing Supply in Green Garden Township, IL
How many homes are available in Green Garden Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Summary: The Green Garden Township real estate market had 13 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Green Garden Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Green Garden Township in May 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Green Garden Township, IL
How long does it take to sell a home in Green Garden Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 51 Days | +302.6% |
Summary: Homes in Green Garden Township had an average of 51 days on market in May 2024, up by 302.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Green Garden Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.