Is Cahokia 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, Cahokia Township has remained a Seller's Market.
Housing Prices in Cahokia Township, IL
How much do homes in Cahokia Township, IL cost?
Median Sold Price
$75,000
$73/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cahokia Township was $75,000 in May 2024, down 15.3% from last year, and the median price per square foot was $73.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $69K | $54K | -21.7% |
2 Bedrooms | $73.7K | $72.9K | -1.2% |
3 Bedrooms | $125K | $136K | +8.8% |
4 Bedrooms | $227.5K | $225K | -1.1% |
5+ Bedrooms | - | $119K | N/A |
Summary: Cahokia Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.7%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Gillespie | $87K | $115.4K | +32.7% |
Cahokia Township | $88.5K | $75K | -15.3% |
Housing Supply in Cahokia Township, IL
How many homes are available in Cahokia Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Summary: The Cahokia Township real estate market had 11 homes for sale in May 2024, a 22.2% increase 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 | 4 | 5 | +25.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cahokia 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 increased by 25%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Cahokia Township in May 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cahokia Township, IL
How long does it take to sell a home in Cahokia Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
65 Days | 50 Days | -23.3% |
Summary: Homes in Cahokia Township had an average of 50 days on market in May 2024, down by 23.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Cahokia Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.