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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bristol Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Bristol Township, IL

How much do homes in Bristol Township, IL cost?

Median Sold Price

$360,500

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$36,858(+11.4%)

Key Takeaway

Homes in Bristol Township have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Bristol Township was $360,500 in September 2024, up 11.4% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $149.4K$151.5K
+1.4%
2 $230K$241.5K
+5.0%
3 $301.7K$344.9K
+14.3%
4 $389.9K$419.9K
+7.7%
5+ $438K$441.2K
+0.7%

Summary: Bristol Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Cities

Bristol Township
+11.4%
Yorkville
+10.7%
Oswego
+7.6%
Sugar Grove Township
+6.7%

Housing Supply in Bristol Township, IL

How many homes are available in Bristol Township, IL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
154160+3.9%

Summary: The Bristol Township real estate market had 160 homes for sale in September 2024, a 3.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 32
-33.3%
2 2820
-28.6%
3 5961
+3.4%
4 5766
+15.8%
5+ 711
+57.1%

Summary: The Bristol Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 57.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
4647+2.2%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bristol Township, expect to pay close to the asking price. 44.7% of homes here sold near the asking price last month.

Summary: A total of 47 homes were sold or pending in Bristol Township in September 2024, up by 2.2% month-over-month. Of the 47 sold homes, 30% were sold under asking, 45% were sold at asking, and 26% were sold over asking.

Days on Market for Bristol Township, IL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
15 Days22 Days+45.4%

Summary: Homes in Bristol Township had an average of 22 days on market in Sep 2024, up by 45.4% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bristol Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 47 homes were sold in Bristol Township; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Bristol Township, IL

Nearby Markets to Bristol Township, IL

What housing markets are near Bristol Township, IL?