Is Canteen 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, Canteen Township has remained a Seller's Market.
Key Takeaway
Canteen Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canteen Township, IL
How much do homes in Canteen Township, IL cost?
Median Sold Price
$26,500
$32/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Canteen Township have sold for 51.9% less than they did a month ago.
Summary: The median home sold price in Canteen Township was $26,500 in March 2024, down 51.9% from last month, and the median price per square foot was $32.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $20K | N/A |
| 2 Bedrooms | - | $26.5K | N/A |
| 3 Bedrooms | $55.1K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Canteen 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Washington Park | $24.3K | $26.5K | +9.1% |
| Canteen Township | $55.1K | $26.5K | -51.9% |
Housing Supply in Canteen Township, IL
How many homes are available in Canteen Township, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Canteen 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Canteen 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 increased by 25%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canteen Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Canteen Township in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Canteen Township, IL
How long does it take to sell a home in Canteen Township, IL?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 12 Days | -67.3% |
Summary: Homes in Canteen Township had an average of 12 days on market in Mar 2024, down by 67.3% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Canteen Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in Canteen Township; 100% of homes were sold within 30 days, 0% 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.