Is DeKalb Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, DeKalb Township has remained a Seller's Market.
Housing Prices in DeKalb Township, IL
How much do homes in DeKalb Township, IL cost?
Median Sold Price
$222,700
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in DeKalb Township was $222,700 in April 2024, up 14.3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108.4K | $136K | +25.4% |
2 Bedrooms | $149.9K | $172K | +14.7% |
3 Bedrooms | $190K | $226.5K | +19.2% |
4 Bedrooms | $235K | $270.5K | +15.1% |
5+ Bedrooms | $263K | $223.5K | -15.0% |
Summary: DeKalb Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.4%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 15%.
Median Sold Price Compared To Nearby Cities
Sycamore | $250K | $308K | +23.2% |
DeKalb | $190.1K | $225K | +18.3% |
DeKalb Township | $194.8K | $222.7K | +14.3% |
Cortland Township | $261K | $285.9K | +9.5% |
Housing Supply in DeKalb Township, IL
How many homes are available in DeKalb Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 94 | +19.0% |
Summary: The DeKalb Township real estate market had 94 homes for sale in April 2024, a 19.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 22 | 21 | -4.5% |
3 Bedrooms | 33 | 38 | +15.2% |
4 Bedrooms | 11 | 21 | +90.9% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The DeKalb Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 90.9%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 27 | +68.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in DeKalb Township in April 2024, up by 68.8% month-over-month. Of the 27 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for DeKalb Township, IL
How long does it take to sell a home in DeKalb Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
8 Days | 26 Days | +205.6% |
Summary: Homes in DeKalb Township had an average of 26 days on market in Apr 2024, up by 205.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in DeKalb Township; 81% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.