Is Saint Charles Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Saint Charles Township has remained a Seller's Market.
Housing Prices in Saint Charles Township, IL
How much do homes in Saint Charles Township, IL cost?
Median Sold Price
$441,066
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Saint Charles Township was $441,066 in May 2024, up 6.3% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $152K | -32.4% |
2 Bedrooms | $283.5K | $301K | +6.2% |
3 Bedrooms | $349.9K | $380K | +8.6% |
4 Bedrooms | $553.1K | $565.5K | +2.2% |
5+ Bedrooms | $603.2K | $702.5K | +16.5% |
Summary: Saint Charles Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.4%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 16.5%.
Median Sold Price Compared To Nearby Cities
South Elgin | $304K | $363.1K | +19.4% |
Wayne | $650K | $730K | +12.3% |
Geneva Township | $414.4K | $455K | +9.8% |
Saint Charles Township | $415K | $441K | +6.3% |
Saint Charles | $377.1K | $393.6K | +4.4% |
Housing Supply in Saint Charles Township, IL
How many homes are available in Saint Charles Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
193 | 225 | +16.6% |
Summary: The Saint Charles Township real estate market had 225 homes for sale in May 2024, a 16.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 21 | 26 | +23.8% |
3 Bedrooms | 67 | 72 | +7.5% |
4 Bedrooms | 79 | 87 | +10.1% |
5+ Bedrooms | 25 | 38 | +52.0% |
Summary: The Saint Charles Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 52%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 66 | +24.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in Saint Charles Township in May 2024, up by 24.5% month-over-month. Of the 66 sold homes, 18% were sold under asking, 21% were sold at asking, and 61% were sold over asking.
Days on Market for Saint Charles Township, IL
How long does it take to sell a home in Saint Charles Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 20 Days | -12.0% |
Summary: Homes in Saint Charles Township had an average of 20 days on market in May 2024, down by 12% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 66 homes were sold in Saint Charles Township; 83% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.