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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Antioch Township is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Antioch Township was a Seller's Market.

Key Takeaway

Antioch 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 Antioch Township, IL

How much do homes in Antioch Township, IL cost?

Median Sold Price

$296,500

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$26,266(+9.7%)

Key Takeaway

Homes in Antioch Township have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Antioch Township was $296,500 in February 2024, up 9.7% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $75K$87K
+16.0%
2 $190K$210K
+10.5%
3 $275K$305K
+10.9%
4 $343K$373.7K
+9.0%
5+ $400K$460K
+15.0%

Summary: Antioch Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Cities

Fox Lake
+10.6%
Antioch Township
+9.7%
Lake Villa Township
+8.8%
Antioch
+4.8%
Lake Villa
-4.1%

Housing Supply in Antioch Township, IL

How many homes are available in Antioch Township, IL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
94108+14.9%

Summary: The Antioch Township real estate market had 108 homes for sale in February 2024, a 14.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 76
-14.3%
2 1927
+42.1%
3 2930
+3.4%
4 3030
0.0%
5+ 915
+66.7%

Summary: The Antioch Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 42.1%, 3 bedroom homes increased by 3.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2418-25.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Antioch Township, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Antioch Township in February 2024, down by 25.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 11% were sold at asking, and 28% were sold over asking.

Days on Market for Antioch Township, IL

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

Average Sale Time

Feb 2023Feb 2024CHANGE
36 Days35 Days-3.1%

Summary: Homes in Antioch Township had an average of 35 days on market in Feb 2024, down by 3.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 18 homes were sold in Antioch Township; 56% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 6% 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 27 Days Ago

Newest Listings in Antioch Township, IL

Nearby Markets to Antioch Township, IL

What housing markets are near Antioch Township, IL?