Is Channahon Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Channahon Township has remained a Seller's Market.
Housing Prices in Channahon Township, IL
How much do homes in Channahon Township, IL cost?
Median Sold Price
$365,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Channahon Township was $365,000 in June 2024, up 5.5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $245K | $267.5K | +9.2% |
3 Bedrooms | $325.7K | $350K | +7.4% |
4 Bedrooms | $386K | $411.3K | +6.6% |
5+ Bedrooms | $397.5K | $370K | -6.9% |
Summary: Channahon Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 6.9%.
Housing Supply in Channahon Township, IL
How many homes are available in Channahon Township, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
89 | 95 | +6.7% |
Summary: The Channahon Township real estate market had 95 homes for sale in June 2024, a 6.7% increase 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 | 13 | 15 | +15.4% |
3 Bedrooms | 51 | 53 | +3.9% |
4 Bedrooms | 22 | 24 | +9.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Channahon 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 increased by 15.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
24 | 24 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Channahon Township in June 2024, the same as the previous month. Of the 24 sold homes, 33% were sold under asking, 29% were sold at asking, and 38% were sold over asking.
Days on Market for Channahon Township, IL
How long does it take to sell a home in Channahon Township, IL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
50 Days | 19 Days | -62.4% |
Summary: Homes in Channahon Township had an average of 19 days on market in Jun 2024, down by 62.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 24 homes were sold in Channahon Township; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.