Is Seneca 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, Seneca Township has remained a Neutral Market.
Housing Prices in Seneca Township, IL
How much do homes in Seneca Township, IL cost?
Median Sold Price
$357,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Seneca Township was $357,500 in April 2024, down 5.3% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $270K | $329K | +21.9% |
3 Bedrooms | $345K | $235K | -31.9% |
4 Bedrooms | $382.5K | $473K | +23.7% |
5+ Bedrooms | $495K | $346K | -30.1% |
Summary: Seneca 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 21.9%, 3 bedroom homes decreased by 31.9%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes decreased by 30.1%.
Median Sold Price Compared To Nearby Cities
Marengo | $243K | $330K | +35.8% |
Woodstock | $260.3K | $298.9K | +14.8% |
Dorr Township | $277K | $309.5K | +11.7% |
Coral Township | $425K | $416K | -2.1% |
Seneca Township | $377.5K | $357.5K | -5.3% |
Housing Supply in Seneca Township, IL
How many homes are available in Seneca Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Summary: The Seneca Township real estate market had 19 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Seneca 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 decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Seneca Township in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Seneca Township, IL
How long does it take to sell a home in Seneca Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 21 Days | +68.0% |
Summary: Homes in Seneca Township had an average of 21 days on market in Apr 2024, up by 68% compared to last year.
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
Summary: During April 2024, 3 homes were sold in Seneca 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.