Is Forreston 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, Forreston Township has remained a Seller's Market.
Housing Prices in Forreston Township, IL
How much do homes in Forreston Township, IL cost?
Median Sold Price
$90,000
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Forreston Township was $90,000 in April 2024, down 13% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $118.2K | $95K | -19.7% |
3 Bedrooms | $107K | $82K | -23.4% |
4 Bedrooms | $90K | $135K | +50.0% |
5+ Bedrooms | $100K | - | N/A |
Summary: Forreston 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 decreased by 19.7%, 3 bedroom homes decreased by 23.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Forreston Township | $103.5K | $90K | -13.0% |
Forreston | $107K | $90K | -15.9% |
Housing Supply in Forreston Township, IL
How many homes are available in Forreston Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Summary: The Forreston Township real estate market had 1 homes for sale in April 2024, a 50.0% decrease 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 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Forreston 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 decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Forreston Township in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Forreston Township, IL
How long does it take to sell a home in Forreston Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
120 Days | 4 Days | -96.7% |
Summary: Homes in Forreston Township had an average of 4 days on market in Apr 2024, down by 96.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Forreston 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.