Is Drummer 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, Drummer Township has remained a Seller's Market.
Housing Prices in Drummer Township, IL
How much do homes in Drummer Township, IL cost?
Median Sold Price
$189,500
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Drummer Township was $189,500 in April 2024, up 48.6% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $89K | - | N/A |
2 Bedrooms | $87K | $90K | +3.4% |
3 Bedrooms | $134.9K | $199K | +47.5% |
4 Bedrooms | $185K | $232K | +25.4% |
5+ Bedrooms | $165K | $220K | +33.3% |
Summary: Drummer 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 3.4%, 3 bedroom homes increased by 47.5%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
Gibson City | $122K | $189.5K | +55.3% |
Drummer Township | $127.5K | $189.5K | +48.6% |
Housing Supply in Drummer Township, IL
How many homes are available in Drummer Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Summary: The Drummer Township real estate market had 17 homes for sale in April 2024, a 70.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 7 | 13 | +85.7% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Drummer 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 increased by 100%, 3 bedroom homes increased by 85.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Drummer Township in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Drummer Township, IL
How long does it take to sell a home in Drummer Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 79 Days | +169.3% |
Summary: Homes in Drummer Township had an average of 79 days on market in Apr 2024, up by 169.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Drummer Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.