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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Camargo Township is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Camargo Township, IL

How much do homes in Camargo Township, IL cost?

Median Sold Price

$135,000

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$42,000(+45.2%)

Key Takeaway

Homes in Camargo Township have sold for 45.2% more than they did a year ago.

Summary: The median home sold price in Camargo Township was $135,000 in September 2024, up 45.2% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $69.5K$69K
-0.7%
3 $126K$130K
+3.2%
4 $122K$206.2K
+69.1%
5+ $137.5K$220K
+60.0%

Summary: Camargo Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 69.1%, and 5+ bedroom homes increased by 60%.

Median Sold Price Compared To Nearby Cities

Villa Grove
+56.9%
Camargo Township
+45.2%

Housing Supply in Camargo Township, IL

How many homes are available in Camargo Township, IL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2115-28.6%

Summary: The Camargo Township real estate market had 15 homes for sale in September 2024, a 28.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 128
-33.3%
4 32
-33.3%
5+ 33
0.0%

Summary: The Camargo Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Camargo Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Camargo Township in September 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Camargo Township, IL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
108 Days27 Days-75.0%

Summary: Homes in Camargo Township had an average of 27 days on market in Sep 2024, down by 75% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 3 homes were sold in Camargo Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Camargo Township, IL

Nearby Markets to Camargo Township, IL

What housing markets are near Camargo Township, IL?