Is Central 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, Central Township has remained a Seller's Market.
Housing Prices in Central Township, IL
How much do homes in Central Township, IL cost?
Median Sold Price
$136,500
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Central Township was $136,500 in May 2024, up 9.2% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $37K | $58K | +56.8% |
2 Bedrooms | $77.5K | $114K | +47.1% |
3 Bedrooms | $150K | $140.5K | -6.3% |
4 Bedrooms | $160K | $172K | +7.5% |
5+ Bedrooms | $212K | $315K | +48.6% |
Summary: Central Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.8%, 2 bedroom homes increased by 47.1%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 48.6%.
Median Sold Price Compared To Nearby Cities
Greenville | $132.3K | $145K | +9.6% |
Central Township | $125K | $136.5K | +9.2% |
Housing Supply in Central Township, IL
How many homes are available in Central Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 33 | +22.2% |
Summary: The Central Township real estate market had 33 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 | 7 | 8 | +14.3% |
3 Bedrooms | 18 | 20 | +11.1% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Central 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 14.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Central Township in May 2024, up by 100.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Central Township, IL
How long does it take to sell a home in Central Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
97 Days | 71 Days | -26.4% |
Summary: Homes in Central Township had an average of 71 days on market in May 2024, down by 26.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Central Township; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.