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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue Ridge Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Blue Ridge Township was a Buyer's Market.

Key Takeaway

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

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

Median Sold Price

$199,900

$119/sqft

Based on all homes sold in August 2022.

Difference Since Last Month

+$144,900(+263.5%)

Key Takeaway

Homes in Blue Ridge Township have sold for 263.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJul 2022Aug 2022%
1 --
N/A
2 --
N/A
3 $55K$321.4K
+484.5%
4 -$165K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Blue Ridge Township
+263.5%
Mansfield
+231.7%

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

Number of Homes For Sale

Jul 2022Aug 2022%
109-10.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 44
0.0%
5+ 11
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blue Ridge Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Jul 2022Aug 2022%
32 Days19 Days-40.6%

Breakdown of Home Sale Times

3 Homes Were 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 Ridge 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 Ridge Township, IL

Number of homes for sale in Blue Ridge Township, IL real estate market have reached 9. In August 2022 in Blue Ridge Township, IL there were 10% less homes for sale than in July 2022. While the average time on the market in August 2022 was 19 days, the median list price was $199,900. 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 went up by 484.5%, prices of 4 bedrooms properties increased by 0%, 5 bedrooms properties prices increased by 0%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, number of 3 bedrooms homes decreased by 20%, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory did not change. Over 1 listings were sold over their listed price in August 2022 in Blue Ridge Township, IL. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price.

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