Housing Prices in Cherry Grove-Shannon Township, IL

How much do homes in Cherry Grove-Shannon Township, IL cost?

Median List Price

$402,400

$151/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

+$37,500(+10.3%)

Key Takeaway

The list price of homes in Cherry Grove-Shannon Township has increased by 10.3% since April.

Summary: The median home list price in Cherry Grove-Shannon Township was $402,400 in May 2024, up 10.3% from the previous month, and the median price per square foot was $151.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $226.4K$364.9K
+61.1%
4 $439.9K$439.9K
0.0%
5+ --
N/A

Summary: Cherry Grove-Shannon 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 increased by 61.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Shannon
+47.9%
Cherry Grove-Shannon Township
+10.3%
Loran Township
0.0%
Freedom Township
-5.0%

Housing Supply in Cherry Grove-Shannon Township, IL

How many homes are available in Cherry Grove-Shannon Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
32-33.3%

Summary: The Cherry Grove-Shannon Township real estate market had 2 homes for sale in May 2024, a 33.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Cherry Grove-Shannon 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Cherry Grove-Shannon Township, IL

How long does it take to sell a home in Cherry Grove-Shannon Township, IL?

Average Listing Age

Apr 2024May 2024CHANGE
35 Days60 Days+72.9%

Summary: Homes in Cherry Grove-Shannon Township had an average listing age of 60 days in May 2024, up by 72.9% compared to the previous month.

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 Cherry Grove-Shannon Township, IL

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