Is Braceville Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Braceville Township has remained a Seller's Market.
Housing Prices in Braceville Township, IL
How much do homes in Braceville Township, IL cost?
Median Sold Price
$248,700
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Braceville Township was $248,700 in April 2024, up 18.5% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $75K | N/A |
2 Bedrooms | $160K | $204K | +27.5% |
3 Bedrooms | $209.9K | $220.2K | +4.9% |
4 Bedrooms | $335K | $345K | +3.0% |
5+ Bedrooms | $230K | $347.5K | +51.1% |
Summary: Braceville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 51.1%.
Median Sold Price Compared To Nearby Cities
Coal City | $210K | $276.5K | +31.7% |
Braceville | $171.5K | $207.4K | +21.0% |
Braceville Township | $209.9K | $248.7K | +18.5% |
Reed Township | $200K | $220K | +10.0% |
Housing Supply in Braceville Township, IL
How many homes are available in Braceville Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Summary: The Braceville Township real estate market had 23 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Braceville Township housing inventory by bedroom type for April 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 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Braceville Township in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Braceville Township, IL
How long does it take to sell a home in Braceville Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 35 Days | +59.8% |
Summary: Homes in Braceville Township had an average of 35 days on market in Apr 2024, up by 59.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Braceville Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.