Is Bradley 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, Bradley Township has remained a Seller's Market.
Housing Prices in Bradley Township, IL
How much do homes in Bradley Township, IL cost?
Median Sold Price
$175,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bradley Township was $175,000 in April 2024, up 16.7% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $47.5K | N/A |
2 Bedrooms | $110K | $146.4K | +33.1% |
3 Bedrooms | $157K | $180K | +14.6% |
4 Bedrooms | $176.2K | $210K | +19.1% |
5+ Bedrooms | - | $600K | N/A |
Summary: Bradley 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 33.1%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes did not change.
Housing Supply in Bradley Township, IL
How many homes are available in Bradley Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 32 | -3.0% |
Summary: The Bradley Township real estate market had 32 homes for sale in April 2024, a 3.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 5 | 9 | +80.0% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 8 | 5 | -37.5% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Bradley Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 6 | -60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Bradley Township in April 2024, down by 60.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Bradley Township, IL
How long does it take to sell a home in Bradley Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 40 Days | +83.4% |
Summary: Homes in Bradley Township had an average of 40 days on market in Apr 2024, up by 83.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Bradley Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.