Is De Soto Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, De Soto Township has remained a Seller's Market.
Housing Prices in De Soto Township, IL
How much do homes in De Soto Township, IL cost?
Median Sold Price
$262,500
$106/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in De Soto Township was $262,500 in May 2024, up 268.4% from last month, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $100K | $55K | -45.0% |
4 Bedrooms | $42.5K | - | N/A |
5+ Bedrooms | - | $470K | N/A |
Summary: De Soto 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 decreased by 45%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
De Soto Township | $71.2K | $262.5K | +268.4% |
Hurst | $69K | $149.9K | +117.2% |
De Soto | $71.2K | $55K | -22.8% |
Cambria | $225K | $40K | -82.2% |
Housing Supply in De Soto Township, IL
How many homes are available in De Soto Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Summary: The De Soto Township real estate market had 9 homes for sale in May 2024, a 12.5% 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 | 2 | +100.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The De Soto 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in De Soto Township in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for De Soto Township, IL
How long does it take to sell a home in De Soto Township, IL?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
146 Days | 10 Days | -92.8% |
Summary: Homes in De Soto Township had an average of 10 days on market in May 2024, down by 92.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in De Soto 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.