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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackberry Township is a seller's market

Buyer's
Market

Difference Since May 2022

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

Key Takeaway

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

How much do homes in Blackberry Township, IL cost?

Median Sold Price

$430,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$5,000(+1.2%)

Key Takeaway

Homes in Blackberry Township have sold for 1.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 -$120K
N/A
2 $325K$302.2K
-7.0%
3 $375K$385.5K
+2.8%
4 $440K$470K
+6.8%
5+ $499.9K$514.5K
+2.9%

Median Sold Price Compared To Nearby Cities

Elburn
+14.4%
Geneva
+9.4%
Campton Township
+4.9%
North Aurora
+1.3%
Blackberry Township
+1.2%

How many homes are available in Blackberry Township, IL?

Number of Homes For Sale

Apr 2023May 2023%
7475+1.4%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 11
0.0%
3 3531
-11.4%
4 3539
+11.4%
5+ 34
+33.3%

Number of Homes Sold

Apr 2023May 2023%
2024+20.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blackberry Township, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

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

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

Average Sale Time

May 2022May 2023%
43 Days13 Days-68.8%

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 Blackberry 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.

What housing markets are near Blackberry Township, IL?

About Blackberry Township, IL

There are 75 homes are for sale in Blackberry Township, IL real estate market. In May 2023 in Blackberry Township, IL there were 1.4% more homes for sale than in April 2023. In May 2023 median list price was $430,000 and the average listing age was 13 days. Between April 2023 and May 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went down by 7%, the cost of 3 bedrooms properties went up by 2.8%, prices of 4 bedrooms properties went up by 6.8%, the cost of 5 bedrooms properties went up by 2.9%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes went down by 11.4%, 4 bedrooms homes became 11.4% more available, volume of 5 bedrooms homes went up by 33.3%. Blackberry Township, IL housing market in May 2023 saw over 10 listings sold above listed price, more than 4 sold at listed price and over 10 sold below.