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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Greenfield Township, IL

How much do homes in Greenfield Township, IL cost?

Median Sold Price

$180,500

$100/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$75,500(+71.9%)

Key Takeaway

Homes in Greenfield Township have sold for 71.9% more than they did a month ago.

Summary: The median home sold price in Greenfield Township was $180,500 in April 2024, up 71.9% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $105K$60K
-42.9%
3 -$180.5K
N/A
4 -$213.4K
N/A
5+ $105K-
N/A

Summary: Greenfield 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 42.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

South Wilmington
+87.6%
Greenfield Township
+71.9%

Housing Supply in Greenfield Township, IL

How many homes are available in Greenfield Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
710+42.9%

Summary: The Greenfield Township real estate market had 10 homes for sale in April 2024, a 42.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 24
+100.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The Greenfield 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenfield Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Greenfield Township in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Greenfield Township, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
28 Days15 Days-45.0%

Summary: Homes in Greenfield Township had an average of 15 days on market in Apr 2024, down by 45% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Greenfield Township; 67% of homes were sold within 30 days, 33% 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 Greenfield Township, IL

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