Is Caledonia Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Caledonia Township was a Neutral Market.
Housing Prices in Caledonia Township, IL
How much do homes in Caledonia Township, IL cost?
Median Sold Price
$255,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Caledonia Township was $255,000 in May 2024, up 13.3% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $189.9K | $165K | -13.1% |
3 Bedrooms | $210K | $230K | +9.5% |
4 Bedrooms | $245K | $330K | +34.7% |
5+ Bedrooms | $290.6K | $442.5K | +52.3% |
Summary: Caledonia 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 decreased by 13.1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 34.7%, and 5+ bedroom homes increased by 52.3%.
Median Sold Price Compared To Nearby Cities
Caledonia Township | $225K | $255K | +13.3% |
Poplar Grove Township | $240K | $230K | -4.2% |
Poplar Grove | $256.8K | $230K | -10.5% |
Housing Supply in Caledonia Township, IL
How many homes are available in Caledonia Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Summary: The Caledonia Township real estate market had 22 homes for sale in May 2024, a 4.8% 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 | 13 | 15 | +15.4% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Caledonia 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 increased by 15.4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Caledonia Township in May 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Caledonia Township, IL
How long does it take to sell a home in Caledonia Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 32 Days | +308.9% |
Summary: Homes in Caledonia Township had an average of 32 days on market in May 2024, up by 308.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Caledonia Township; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.