Is Cerro Gordo 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, Cerro Gordo Township has remained a Seller's Market.
Housing Prices in Cerro Gordo Township, IL
How much do homes in Cerro Gordo Township, IL cost?
Median Sold Price
$127,250
$75/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Summary: The median home sold price in Cerro Gordo Township was $127,250 in June 2024, up 44.6% from last month, and the median price per square foot was $75.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $140K | N/A |
4 Bedrooms | $88K | $114.5K | +30.1% |
5+ Bedrooms | - | - | N/A |
Summary: Cerro Gordo Township housing prices by bedroom type for June 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 increased by 30.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cerro Gordo Township | $88K | $127.2K | +44.6% |
Cerro Gordo | $88K | $127.2K | +44.6% |
Housing Supply in Cerro Gordo Township, IL
How many homes are available in Cerro Gordo Township, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Summary: The Cerro Gordo Township real estate market had 2 homes for sale in June 2024, a 50.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cerro Gordo Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Cerro Gordo Township in June 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Cerro Gordo Township, IL
How long does it take to sell a home in Cerro Gordo Township, IL?
Average Sale Time
May 2024 | Jun 2024 | CHANGE |
---|---|---|
24 Days | 106 Days | +341.7% |
Summary: Homes in Cerro Gordo Township had an average of 106 days on market in Jun 2024, up by 341.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 2 homes were sold in Cerro Gordo Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.