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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Camargo Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Camargo Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Camargo Township, IL

How much do homes in Camargo Township, IL cost?

Median Sold Price

$129,500

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$14,500(+12.6%)

Key Takeaway

Homes in Camargo Township have sold for 12.6% more than they did a year ago.

Summary: The median home sold price in Camargo Township was $129,500 in May 2024, up 12.6% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $68.5K$88K
+28.5%
3 $143.5K$129.7K
-9.6%
4 $80K$196.2K
+145.3%
5+ $137.5K$237.4K
+72.7%

Summary: Camargo 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 increased by 28.5%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 145.3%, and 5+ bedroom homes increased by 72.7%.

Median Sold Price Compared To Nearby Cities

Villa Grove
+20.7%
Camargo Township
+12.6%

Housing Supply in Camargo Township, IL

How many homes are available in Camargo Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1314+7.7%

Summary: The Camargo Township real estate market had 14 homes for sale in May 2024, a 7.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 89
+12.5%
4 12
+100.0%
5+ 32
-33.3%

Summary: The Camargo 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 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
330.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Camargo Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Camargo Township in May 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Camargo Township, IL

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

Average Sale Time

May 2023May 2024CHANGE
38 Days14 Days-63.7%

Summary: Homes in Camargo Township had an average of 14 days on market in May 2024, down by 63.7% compared to last year.

Breakdown of Home Sale Times

2 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

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

Summary: During May 2024, 3 homes were sold in Camargo Township; 67% of homes were sold within 30 days, 33% 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 Camargo Township, IL

Nearby Markets to Camargo Township, IL

What housing markets are near Camargo Township, IL?