Is Batavia Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Batavia Township has remained a Seller's Market.
Housing Prices in Batavia Township, IL
How much do homes in Batavia Township, IL cost?
Median Sold Price
$392,257
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Batavia Township was $392,257 in March 2024, up 7.5% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $142K | $100K | -29.6% |
2 Bedrooms | $285K | $314.4K | +10.3% |
3 Bedrooms | $322.5K | $365K | +13.2% |
4 Bedrooms | $430K | $465K | +8.1% |
5+ Bedrooms | $463K | $685K | +47.9% |
Summary: Batavia Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.6%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 47.9%.
Median Sold Price Compared To Nearby Cities
North Aurora | $300K | $350.7K | +16.9% |
Geneva Township | $408.3K | $450K | +10.2% |
Batavia Township | $365K | $392.2K | +7.5% |
Batavia | $375K | $400K | +6.7% |
Housing Supply in Batavia Township, IL
How many homes are available in Batavia Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
122 | 140 | +14.8% |
Summary: The Batavia Township real estate market had 140 homes for sale in March 2024, a 14.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 31 | 35 | +12.9% |
3 Bedrooms | 38 | 43 | +13.2% |
4 Bedrooms | 46 | 50 | +8.7% |
5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The Batavia 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 12.9%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 44 | +37.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Batavia Township in March 2024, up by 37.5% month-over-month. Of the 44 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Batavia Township, IL
How long does it take to sell a home in Batavia Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 17 Days | -53.9% |
Summary: Homes in Batavia Township had an average of 17 days on market in Mar 2024, down by 53.9% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 44 homes were sold in Batavia Township; 82% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.