Is Auburn Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Auburn Township has remained a Seller's Market.
Housing Prices in Auburn Township, IL
How much do homes in Auburn Township, IL cost?
Median Sold Price
$143,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Auburn Township was $143,000 in April 2024, up 2.1% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | - | N/A |
2 Bedrooms | $80K | $112K | +40.0% |
3 Bedrooms | $150K | $154.5K | +3.0% |
4 Bedrooms | $310K | $172.5K | -44.4% |
5+ Bedrooms | $401.4K | - | N/A |
Summary: Auburn 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 increased by 40%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Auburn Township | $140K | $143K | +2.1% |
Auburn | $141K | $143K | +1.4% |
Virden | $105.5K | $90K | -14.7% |
Virden Township | $105.5K | $90K | -14.7% |
Housing Supply in Auburn Township, IL
How many homes are available in Auburn Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 14 | -26.3% |
Summary: The Auburn Township real estate market had 14 homes for sale in April 2024, a 26.3% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 12 | 9 | -25.0% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Auburn 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 decreased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Auburn Township in April 2024, down by 33.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Auburn Township, IL
How long does it take to sell a home in Auburn Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 1 Days | -71.4% |
Summary: Homes in Auburn Township had an average of 1 days on market in Apr 2024, down by 71.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Auburn 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.