Is Bradley Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bradley Township has remained a Seller's Market.
Housing Prices in Bradley Township, IL
How much do homes in Bradley Township, IL cost?
Median Sold Price
$185,400
$134/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Bradley Township was $185,400 in March 2024, down 5.2% from last month, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $56.2K | N/A |
2 Bedrooms | $121K | $149.9K | +23.9% |
3 Bedrooms | $207.5K | $185K | -10.9% |
4 Bedrooms | - | $214K | N/A |
5+ Bedrooms | - | $600K | N/A |
Summary: Bradley Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.9%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Bradley Township, IL
How many homes are available in Bradley Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 32 | -5.9% |
Summary: The Bradley Township real estate market had 32 homes for sale in March 2024, a 5.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 18 | 17 | -5.6% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bradley 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 decreased by 16.7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 13 | +62.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Bradley Township in March 2024, up by 62.5% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.
Days on Market for Bradley Township, IL
How long does it take to sell a home in Bradley Township, IL?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 19 Days | -37.5% |
Summary: Homes in Bradley Township had an average of 19 days on market in Mar 2024, down by 37.5% compared to last month.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Bradley Township; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.