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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Santa Anna Township is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Santa Anna Township was a Seller's Market.

Key Takeaway

Santa Anna Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Santa Anna Township, IL

How much do homes in Santa Anna Township, IL cost?

Median Sold Price

$155,000

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$21,550(+16.1%)

Key Takeaway

Homes in Santa Anna Township have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in Santa Anna Township was $155,000 in May 2024, up 16.1% 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 $90K$119K
+32.3%
3 $137K$158.5K
+15.7%
4 $159K$205K
+28.9%
5+ $180K$120K
-33.3%

Summary: Santa Anna 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 32.3%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes decreased by 33.3%.

Median Sold Price Compared To Nearby Cities

Farmer City
+24.6%
Santa Anna Township
+16.1%

Housing Supply in Santa Anna Township, IL

How many homes are available in Santa Anna Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1110-9.1%

Summary: The Santa Anna Township real estate market had 10 homes for sale in May 2024, a 9.1% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 65
-16.7%
4 32
-33.3%
5+ 01
+100.0%

Summary: The Santa Anna 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 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Santa Anna Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Santa Anna Township in May 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Santa Anna Township, IL

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

Average Sale Time

May 2023May 2024CHANGE
4 Days136 Days+3300.0%

Summary: Homes in Santa Anna Township had an average of 136 days on market in May 2024, up by 3300% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Santa Anna Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 1 homes were sold in Santa Anna Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Santa Anna Township, IL

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