Is Cedar Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Cedar Township was a Seller's Market.
Housing Prices in Cedar Township, IL
How much do homes in Cedar Township, IL cost?
Median Sold Price
$103,000
$53/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Cedar Township was $103,000 in April 2024, up 83.9% from last month, and the median price per square foot was $53.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $16K | - | N/A |
2 Bedrooms | $34K | - | N/A |
3 Bedrooms | $94K | $103K | +9.6% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Cedar Township housing prices by bedroom type for April 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 9.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Cedar Township, IL
How many homes are available in Cedar Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 14 | +16.7% |
Summary: The Cedar Township real estate market had 14 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cedar Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Cedar Township in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cedar Township, IL
How long does it take to sell a home in Cedar Township, IL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 Days | 142 Days | +71.6% |
Summary: Homes in Cedar Township had an average of 142 days on market in Apr 2024, up by 71.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Cedar Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.