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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Catlin Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Catlin Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Catlin Township, IL

How much do homes in Catlin Township, IL cost?

Median Sold Price

$125,000

$101/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$34,000(+37.4%)

Key Takeaway

Homes in Catlin Township have sold for 37.4% more than they did a month ago.

Summary: The median home sold price in Catlin Township was $125,000 in March 2024, up 37.4% from last month, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$125K
N/A
3 $91K$190K
+108.8%
4 --
N/A
5+ --
N/A

Summary: Catlin 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 increased by 108.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Catlin Township
+37.4%
Catlin
+37.4%
Oakwood Township
+19.6%
Danville Township
-75.2%

Housing Supply in Catlin Township, IL

How many homes are available in Catlin Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
440.0%

Summary: The Catlin Township real estate market had 4 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Catlin 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 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Catlin Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Catlin Township in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Catlin Township, IL

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

Average Sale Time

Feb 2024Mar 2024CHANGE
188 Days7 Days-95.9%

Summary: Homes in Catlin Township had an average of 7 days on market in Mar 2024, down by 95.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Catlin 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.

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

Report Updated 17 Days Ago

Newest Listings in Catlin Township, IL

Nearby Markets to Catlin Township, IL

What housing markets are near Catlin Township, IL?