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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Annawan Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Annawan Township was a Seller's Market.

Key Takeaway

Annawan Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Annawan Township, IL

How much do homes in Annawan Township, IL cost?

Median Sold Price

$115,000

$120/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$22,550(+24.4%)

Key Takeaway

Homes in Annawan Township have sold for 24.4% more than they did a month ago.

Summary: The median home sold price in Annawan Township was $115,000 in April 2024, up 24.4% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $92.4K-
N/A
3 -$115K
N/A
4 --
N/A
5+ --
N/A

Summary: Annawan Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Annawan Township
+24.4%
Annawan
+24.4%

Housing Supply in Annawan Township, IL

How many homes are available in Annawan Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
660.0%

Summary: The Annawan Township real estate market had 6 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 34
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Annawan 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 decreased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were 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 Annawan Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Annawan Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Annawan Township, IL

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Annawan Township; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

Newest Listings in Annawan Township, IL

Nearby Markets to Annawan Township, IL