Is Saratoga 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, Saratoga Township has remained a Seller's Market.
Housing Prices in Saratoga Township, IL
How much do homes in Saratoga Township, IL cost?
Median Sold Price
$278,965
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Saratoga Township was $278,965 in April 2024, up 6.3% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $105K | N/A |
2 Bedrooms | $239.7K | $190K | -20.8% |
3 Bedrooms | $262.5K | $277K | +5.5% |
4 Bedrooms | $364K | $372.5K | +2.3% |
5+ Bedrooms | $379.9K | $432.5K | +13.8% |
Summary: Saratoga 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 20.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Cities
Morris Township | $220K | $252.4K | +14.8% |
Aux Sable Township | $300K | $340K | +13.3% |
Saratoga Township | $262.5K | $278.9K | +6.3% |
Morris | $246K | $252.9K | +2.8% |
Housing Supply in Saratoga Township, IL
How many homes are available in Saratoga Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 19 | +5.6% |
Summary: The Saratoga Township real estate market had 19 homes for sale in April 2024, a 5.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Saratoga Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Saratoga Township in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Saratoga Township, IL
How long does it take to sell a home in Saratoga Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 16 Days | +128.6% |
Summary: Homes in Saratoga Township had an average of 16 days on market in Apr 2024, up by 128.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Saratoga Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.