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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Mound Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Blue Mound Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Blue Mound Township, IL cost?

Median Sold Price

$220,000

$118/sqft

Based on all homes sold in August 2022.

Difference Since Last Month

+$99,000(+81.8%)

Key Takeaway

Homes in Blue Mound Township have sold for 81.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJul 2022Aug 2022%
1 --
N/A
2 --
N/A
3 $121K-
N/A
4 -$220K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Blue Mound Township
+81.8%
Dawson Township
-46.2%

How many homes are available in Blue Mound Township, IL?

Number of Homes For Sale

Jul 2022Aug 2022%
21-50.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Mound Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Jul 2022Aug 2022%
5 Days5 Days0.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blue Mound 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 Blue Mound Township, IL

Blue Mound Township, IL has 1 homes on the market. The number of listings in Blue Mound Township, IL decreased by 50% between July 2022 and August 2022. In August 2022, listings were on the market for 5 days. During the same period, the median list price in this real estate market was $220,000. Real estate listing prices changed between August 2021 and August 2022: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties increased by 0%, 4 bedrooms properties prices increased by 0%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes did not move, volume of 3 bedrooms homes went down by 100%, the quantity of 4 bedrooms homes have not changed, number of 5 bedrooms homes remained the same. While more than 1 listings in Blue Mound Township, IL in August 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below.