Is Danville Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Danville Township has remained a Seller's Market.
Housing Prices in Danville Township, IL
How much do homes in Danville Township, IL cost?
Median Sold Price
$94,500
$91/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Danville Township was $94,500 in April 2024, up 152% from last month, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $20K | - | N/A |
2 Bedrooms | $28.7K | $10.1K | -64.9% |
3 Bedrooms | $40K | $180.3K | +350.9% |
4 Bedrooms | $169.9K | $118.7K | -30.1% |
5+ Bedrooms | - | - | N/A |
Summary: Danville Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 64.9%, 3 bedroom homes increased by 350.9%, 4 bedroom homes decreased by 30.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Danville | $37.5K | $141K | +276.0% |
Danville Township | $37.5K | $94.5K | +152.0% |
Tilton | $135.5K | $10.1K | -92.5% |
Housing Supply in Danville Township, IL
How many homes are available in Danville Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 38 | -11.6% |
Summary: The Danville Township real estate market had 38 homes for sale in April 2024, a 11.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 15 | 9 | -40.0% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Danville Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 7 | -53.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Danville Township in April 2024, down by 53.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Danville Township, IL
How long does it take to sell a home in Danville Township, IL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 Days | 45 Days | -54.8% |
Summary: Homes in Danville Township had an average of 45 days on market in Apr 2024, down by 54.8% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Danville Township; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.