Is Taylor Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Taylor Township has remained a Seller's Market.
Housing Prices in Taylor Township, IL
How much do homes in Taylor Township, IL cost?
Median Sold Price
$215,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Taylor Township was $215,000 in May 2024, down 19% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $94K | N/A |
2 Bedrooms | $179.9K | $168K | -6.6% |
3 Bedrooms | $259K | $220K | -15.1% |
4 Bedrooms | $284.9K | $345K | +21.1% |
5+ Bedrooms | $550K | $236K | -57.1% |
Summary: Taylor Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 57.1%.
Median Sold Price Compared To Nearby Cities
Oregon-Nashua Township | $150K | $166.2K | +10.8% |
Taylor Township | $265.4K | $215K | -19.0% |
Housing Supply in Taylor Township, IL
How many homes are available in Taylor Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Summary: The Taylor Township real estate market had 8 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Taylor Township housing inventory by bedroom type for May 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 increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Taylor Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Taylor Township, IL
How long does it take to sell a home in Taylor Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
146 Days | 17 Days | -88.0% |
Summary: Homes in Taylor Township had an average of 17 days on market in May 2024, down by 88% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Taylor Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.