Is Centralia 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, Centralia Township was a Neutral Market.
Housing Prices in Centralia Township, IL
How much do homes in Centralia Township, IL cost?
Median Sold Price
$98,000
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Centralia Township was $98,000 in March 2024, up 8.9% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $17K | $32.7K | +92.6% |
2 Bedrooms | $63.9K | $67K | +4.8% |
3 Bedrooms | $114.6K | $110K | -4.0% |
4 Bedrooms | $68.4K | $134K | +95.8% |
5+ Bedrooms | $174.5K | $230K | +31.8% |
Summary: Centralia Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 92.6%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 95.8%, and 5+ bedroom homes increased by 31.8%.
Housing Supply in Centralia Township, IL
How many homes are available in Centralia Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 47 | -11.3% |
Summary: The Centralia Township real estate market had 47 homes for sale in March 2024, a 11.3% 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 | 19 | 17 | -10.5% |
3 Bedrooms | 21 | 20 | -4.8% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Centralia 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 10.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 19 | +90.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Centralia Township in March 2024, up by 90.0% month-over-month. Of the 19 sold homes, 53% were sold under asking, 42% were sold at asking, and 5% were sold over asking.
Days on Market for Centralia Township, IL
How long does it take to sell a home in Centralia Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
78 Days | 26 Days | -65.9% |
Summary: Homes in Centralia Township had an average of 26 days on market in Mar 2024, down by 65.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in Centralia Township; 63% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.