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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Ridge Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Blue Ridge Township was a Seller's Market.

Key Takeaway

Blue Ridge Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Blue Ridge Township, IL

How much do homes in Blue Ridge Township, IL cost?

Median Sold Price

$167,000

$127/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$37,900(-18.5%)

Key Takeaway

Homes in Blue Ridge Township have sold for 18.5% less than they did a month ago.

Summary: The median home sold price in Blue Ridge Township was $167,000 in May 2024, down 18.5% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$167K
N/A
3 $204.9K-
N/A
4 --
N/A
5+ --
N/A

Summary: Blue Ridge 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

Blue Ridge Township
-18.5%
Mansfield
-24.7%

Housing Supply in Blue Ridge Township, IL

How many homes are available in Blue Ridge Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
78+14.3%

Summary: The Blue Ridge Township real estate market had 8 homes for sale in May 2024, a 14.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 25
+150.0%
3 53
-40.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Blue Ridge 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 increased by 150%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
31-66.7%

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 Blue Ridge 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 Blue Ridge Township in May 2024, down by 66.7% 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 Blue Ridge Township, IL

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

Average Sale Time

Apr 2024May 2024CHANGE
15 Days5 Days-67.4%

Summary: Homes in Blue Ridge Township had an average of 5 days on market in May 2024, down by 67.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blue Ridge Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Blue Ridge Township; 100% of homes were sold within 30 days, 0% 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 Blue Ridge Township, IL

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