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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jordan Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Jordan Township was a Seller's Market.

Key Takeaway

Jordan Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Jordan Township, IL

How much do homes in Jordan Township, IL cost?

Median Sold Price

$199,900

$123/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$2,900(+1.5%)

Key Takeaway

Homes in Jordan Township have sold for 1.5% more than they did a month ago.

Summary: The median home sold price in Jordan Township was $199,900 in April 2024, up 1.5% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $197K$199.9K
+1.5%
4 --
N/A
5+ --
N/A

Summary: Jordan 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 increased by 1.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Jordan Township, IL

How many homes are available in Jordan Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
46+50.0%

Summary: The Jordan Township real estate market had 6 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 24
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Jordan 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jordan Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Jordan Township in April 2024, the same as the previous 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 Jordan Township, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
7 Days6 Days-14.3%

Summary: Homes in Jordan Township had an average of 6 days on market in Apr 2024, down by 14.3% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Jordan 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 Jordan Township, IL

Nearby Markets to Jordan Township, IL

What housing markets are near Jordan Township, IL?