Is Vandalia Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Vandalia Township was a Buyer's Market.
Housing Prices in Vandalia Township, IL
How much do homes in Vandalia Township, IL cost?
Median Sold Price
$117,500
$80/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Vandalia Township was $117,500 in April 2024, down 5.2% from last year, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $20K | - | N/A |
2 Bedrooms | $70.5K | $66.5K | -5.7% |
3 Bedrooms | $124.9K | $122.5K | -1.9% |
4 Bedrooms | $175K | $155K | -11.4% |
5+ Bedrooms | $266.5K | $265.5K | -0.4% |
Summary: Vandalia 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 5.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Cities
Vandalia | $123.2K | $117.5K | -4.7% |
Vandalia Township | $124K | $117.5K | -5.2% |
Housing Supply in Vandalia Township, IL
How many homes are available in Vandalia Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 18 | -10.0% |
Summary: The Vandalia Township real estate market had 18 homes for sale in April 2024, a 10.0% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 10 | 10 | 0.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Vandalia 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 decreased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Vandalia Township in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Vandalia Township, IL
How long does it take to sell a home in Vandalia Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 160 Days | +370.6% |
Summary: Homes in Vandalia Township had an average of 160 days on market in Apr 2024, up by 370.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Vandalia Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.