Is Sugar Creek 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, Sugar Creek Township has remained a Seller's Market.
Housing Prices in Sugar Creek Township, IL
How much do homes in Sugar Creek Township, IL cost?
Median Sold Price
$215,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sugar Creek Township was $215,000 in April 2024, down 16.3% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $160K | N/A |
2 Bedrooms | $135.5K | $143.7K | +6.1% |
3 Bedrooms | $225K | $222.5K | -1.1% |
4 Bedrooms | $365K | $282K | -22.7% |
5+ Bedrooms | - | $380K | N/A |
Summary: Sugar Creek 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 6.1%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lebanon Township | $170.7K | $234K | +37.1% |
Breese Township | $191.5K | $240.5K | +25.6% |
Trenton | $200K | $245K | +22.5% |
Sugar Creek Township | $257K | $215K | -16.3% |
Housing Supply in Sugar Creek Township, IL
How many homes are available in Sugar Creek Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Summary: The Sugar Creek Township real estate market had 12 homes for sale in April 2024, a 7.7% decrease 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 | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Sugar Creek 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Sugar Creek Township in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Sugar Creek Township, IL
How long does it take to sell a home in Sugar Creek Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 49 Days | -16.7% |
Summary: Homes in Sugar Creek Township had an average of 49 days on market in Apr 2024, down by 16.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Sugar Creek Township; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.