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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Batavia Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Batavia Township, IL cost?

Median Sold Price

$360,800

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$30,800(+9.3%)

Key Takeaway

Homes in Batavia Township have sold for 9.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $126K$142K
+12.7%
2 $234.7K$260K
+10.8%
3 $290K$321K
+10.7%
4 $400K$424.7K
+6.2%
5+ $451.3K$480K
+6.4%

Median Sold Price Compared To Nearby Cities

Batavia Township
+9.3%
Geneva Township
+8.3%
Batavia
+7.0%
North Aurora
+5.7%

How many homes are available in Batavia Township, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
9895-3.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 2024
+20.0%
3 3130
-3.2%
4 3428
-17.6%
5+ 1212
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
3024-20.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Batavia Township, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
15 Days15 Days-1.1%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Batavia Township, IL

Batavia Township, IL has 95 homes for sale to choose from. In November 2022 in Batavia Township, IL there were 3.1% less homes for sale than in October 2022. In November 2022 median list price was $360,800 and the average listing age was 15 days. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 12.7%, prices of 2 bedrooms properties increased by 10.8%, prices of 3 bedrooms properties went up by 10.7%, the cost of 4 bedrooms properties went up by 6.2%, 5 bedrooms properties became 6.4% more expensive. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 20% more available, the quantity of 3 bedrooms homes went down by 3.2%, 4 bedrooms homes inventory decreased by 17.6%, the quantity of 5 bedrooms homes have not changed. In November 2022, from all listings sold in Batavia Township, IL there were more than 6 sold above asking price, over 14 sold below and more than 4 were sold right at the asked price.

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