Is Ball 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, Ball Township has remained a Seller's Market.
Housing Prices in Ball Township, IL
How much do homes in Ball Township, IL cost?
Median Sold Price
$350,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ball Township was $350,000 in May 2024, up 12.6% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $127K | $475K | +274.0% |
3 Bedrooms | $252.7K | $280.5K | +11.0% |
4 Bedrooms | $365K | $415K | +13.7% |
5+ Bedrooms | $384.9K | $421.2K | +9.4% |
Summary: Ball 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 274%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Cities
Woodside Township | $125K | $145K | +16.0% |
Ball Township | $310.7K | $350K | +12.6% |
Chatham | $255K | $281K | +10.2% |
Housing Supply in Ball Township, IL
How many homes are available in Ball Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 23 | -8.0% |
Summary: The Ball Township real estate market had 23 homes for sale in May 2024, a 8.0% decrease 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 | 1 | 0 | -100.0% |
3 Bedrooms | 13 | 8 | -38.5% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Ball 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 decreased by 100%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Ball Township in May 2024, up by 50.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.
Days on Market for Ball Township, IL
How long does it take to sell a home in Ball Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
77 Days | 19 Days | -74.7% |
Summary: Homes in Ball Township had an average of 19 days on market in May 2024, down by 74.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Ball Township; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.