Is Blackberry 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, Blackberry Township has remained a Seller's Market.
Housing Prices in Blackberry Township, IL
How much do homes in Blackberry Township, IL cost?
Median Sold Price
$462,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Blackberry Township was $462,000 in March 2024, up 5.4% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $219.9K | +83.3% |
2 Bedrooms | $287K | $310K | +8.0% |
3 Bedrooms | $385K | $405K | +5.2% |
4 Bedrooms | $470K | $490K | +4.3% |
5+ Bedrooms | $510.5K | $555K | +8.7% |
Summary: Blackberry Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.3%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
North Aurora | $300K | $350.7K | +16.9% |
Geneva | $405K | $450K | +11.1% |
Campton Township | $500K | $547.2K | +9.4% |
Blackberry Township | $438.2K | $462K | +5.4% |
Elburn | $390K | $410K | +5.1% |
Housing Supply in Blackberry Township, IL
How many homes are available in Blackberry Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
69 | 81 | +17.4% |
Summary: The Blackberry Township real estate market had 81 homes for sale in March 2024, a 17.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 33 | 36 | +9.1% |
4 Bedrooms | 25 | 30 | +20.0% |
5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Blackberry 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 50%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 25 | +150.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Blackberry Township in March 2024, up by 150.0% month-over-month. Of the 25 sold homes, 56% were sold under asking, 20% were sold at asking, and 24% were sold over asking.
Days on Market for Blackberry Township, IL
How long does it take to sell a home in Blackberry Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
16 Days | 40 Days | +148.6% |
Summary: Homes in Blackberry Township had an average of 40 days on market in Mar 2024, up by 148.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Blackberry Township; 72% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.