Is Bunker Hill Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Bunker Hill Township was a Seller's Market.
Key Takeaway
Bunker Hill Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bunker Hill Township, IL
How much do homes in Bunker Hill Township, IL cost?
Median Sold Price
$143,500
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bunker Hill Township have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Bunker Hill Township was $143,500 in March 2024, up 0.7% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | $115.9K | +93.2% |
| 2 Bedrooms | $131.8K | $134.2K | +1.9% |
| 3 Bedrooms | $137.5K | $151.5K | +10.2% |
| 4 Bedrooms | $279.9K | $127K | -54.6% |
| 5+ Bedrooms | $300K | - | N/A |
Summary: Bunker Hill Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.2%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 54.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Brighton Township | $155K | $190K | +22.6% |
| Bunker Hill Township | $142.5K | $143.5K | +0.7% |
| Bunker Hill | $142.5K | $141.7K | -0.6% |
Housing Supply in Bunker Hill Township, IL
How many homes are available in Bunker Hill Township, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Bunker Hill Township real estate market had 9 homes for sale in March 2024, a 18.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bunker Hill 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 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bunker Hill Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Bunker Hill Township in March 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bunker Hill Township, IL
How long does it take to sell a home in Bunker Hill Township, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 12 Days | 57 Days | +350.0% |
Summary: Homes in Bunker Hill Township had an average of 57 days on market in Mar 2024, up by 350% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bunker Hill Township has remained consistent over time.
Summary: During March 2024, 1 homes were sold in Bunker Hill Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.