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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlanta Township is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Atlanta Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Atlanta Township, IL

How much do homes in Atlanta Township, IL cost?

Median Sold Price

$159,000

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$34,000(+27.2%)

Key Takeaway

Homes in Atlanta Township have sold for 27.2% more than they did a year ago.

Summary: The median home sold price in Atlanta Township was $159,000 in March 2024, up 27.2% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $37.5K$70K
+86.7%
2 $116K$102.5K
-11.6%
3 $125K$157K
+25.6%
4 $262.5K$187.4K
-28.6%
5+ -$225K
N/A

Summary: Atlanta Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.7%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 25.6%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Atlanta Township
+27.2%
Atlanta
+26.4%

Housing Supply in Atlanta Township, IL

How many homes are available in Atlanta Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1112+9.1%

Summary: The Atlanta Township real estate market had 12 homes for sale in March 2024, a 9.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 65
-16.7%
4 45
+25.0%
5+ 00
0.0%

Summary: The Atlanta Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atlanta Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Atlanta Township in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Atlanta Township, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
109 Days18 Days-82.8%

Summary: Homes in Atlanta Township had an average of 18 days on market in Mar 2024, down by 82.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 Atlanta Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in Atlanta Township; 75% of homes were sold within 30 days, 25% 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 25 Days Ago

Newest Listings in Atlanta Township, IL

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