Is Alden Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alden Township is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Alden Township has remained a Seller's Market.

Key Takeaway

Alden Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Alden Township, IL

How much do homes in Alden Township, IL cost?

Median Sold Price

$435,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$121,250(+38.6%)

Key Takeaway

Homes in Alden Township have sold for 38.6% more than they did a year ago.

Summary: The median home sold price in Alden Township was $435,000 in December 2024, up 38.6% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $197.5K$152.5K
-22.8%
3 $317.5K$440K
+38.6%
4 $500K$435K
-13.0%
5+ $190K-
N/A

Summary: Alden Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.8%, 3 bedroom homes increased by 38.6%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Alden Township
+38.6%
Harvard
+25.3%
Linn
-5.9%

Housing Supply in Alden Township, IL

How many homes are available in Alden Township, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
43-25.0%

Summary: The Alden Township real estate market had 3 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 00
0.0%
5+ 11
0.0%

Summary: The Alden Township housing inventory by bedroom type for December 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alden Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Alden Township in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Alden Township, IL

How long does it take to sell a home in Alden Township, IL?

Average Sale Time

Dec 2023Dec 2024CHANGE
3 Days38 Days+1183.3%

Summary: Homes in Alden Township had an average of 38 days on market in Dec 2024, up by 1183.3% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alden Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Alden 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Alden Township, IL

Nearby Markets to Alden Township, IL

What housing markets are near Alden Township, IL?