Is Blount Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blount Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Blount Township has remained a Seller's Market.

Key Takeaway

Blount Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Blount Township, IL

How much do homes in Blount Township, IL cost?

Median Sold Price

$200,000

$117/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$66,250(-24.9%)

Key Takeaway

Homes in Blount Township have sold for 24.9% less than they did a month ago.

Summary: The median home sold price in Blount Township was $200,000 in May 2024, down 24.9% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$200K
N/A
3 $266.2K-
N/A
4 --
N/A
5+ --
N/A

Summary: Blount Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Blount Township
-24.9%
Danville
-66.7%

Housing Supply in Blount Township, IL

How many homes are available in Blount Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
31-66.7%

Summary: The Blount Township real estate market had 1 homes for sale in May 2024, a 66.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 20
-100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Blount 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blount Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Blount Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Blount Township, IL

How long does it take to sell a home in Blount Township, IL?

Average Sale Time

Apr 2024May 2024CHANGE
43 Days39 Days-10.3%

Summary: Homes in Blount Township had an average of 39 days on market in May 2024, down by 10.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Blount Township has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Blount Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Blount Township, IL