Is De Witt Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing De Witt Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, De Witt Township has remained a Seller's Market.

Key Takeaway

De Witt Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in De Witt Township, IL

How much do homes in De Witt Township, IL cost?

Median Sold Price

$478,750

$144/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$353,750(+283.0%)

Key Takeaway

Homes in De Witt Township have sold for 283% more than they did a month ago.

Summary: The median home sold price in De Witt Township was $478,750 in April 2024, up 283% from last month, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $125K-
N/A
4 -$478.7K
N/A
5+ --
N/A

Summary: De Witt 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in De Witt Township, IL

How many homes are available in De Witt Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
330.0%

Summary: The De Witt Township real estate market had 3 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The De Witt 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in De Witt Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in De Witt Township in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for De Witt Township, IL

How long does it take to sell a home in De Witt Township, IL?

Average Sale Time

Mar 2024Apr 2024CHANGE
104 Days4 Days-96.2%

Summary: Homes in De Witt Township had an average of 4 days on market in Apr 2024, down by 96.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in De Witt Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in De Witt Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in De Witt Township, IL

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