Is Olio 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, Olio Township has remained a Seller's Market.
Housing Prices in Olio Township, IL
How much do homes in Olio Township, IL cost?
Median Sold Price
$168,450
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Olio Township was $168,450 in April 2024, up 28.6% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $58K | N/A |
2 Bedrooms | $109.5K | $141K | +28.8% |
3 Bedrooms | $133.4K | $169.4K | +27.0% |
4 Bedrooms | $156.2K | $175K | +12.0% |
5+ Bedrooms | - | $229.5K | N/A |
Summary: Olio 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 28.8%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 12%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Eureka | $141.1K | $190K | +34.6% |
Olio Township | $131K | $168.4K | +28.6% |
Housing Supply in Olio Township, IL
How many homes are available in Olio Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Summary: The Olio Township real estate market had 6 homes for sale in April 2024, a 20.0% 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 | 2 | 0 | -100.0% |
3 Bedrooms | 1 | 4 | +300.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Olio 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 decreased by 100%, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +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
Summary: A total of 3 homes were sold or pending in Olio 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 Olio Township, IL
How long does it take to sell a home in Olio Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 1 Days | -89.3% |
Summary: Homes in Olio Township had an average of 1 days on market in Apr 2024, down by 89.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Olio 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.