Is Chenoa Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Chenoa Township has remained a Seller's Market.
Housing Prices in Chenoa Township, IL
How much do homes in Chenoa Township, IL cost?
Median Sold Price
$133,900
$80/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chenoa Township was $133,900 in March 2024, down 3.3% from last year, and the median price per square foot was $80.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $119.4K | $95K | -20.4% |
3 Bedrooms | $151.2K | $140.5K | -7.1% |
4 Bedrooms | $150.1K | $148K | -1.4% |
5+ Bedrooms | $190K | $229K | +20.5% |
Summary: Chenoa Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.4%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 20.5%.
Median Sold Price Compared To Nearby Cities
Lexington Township | $156.2K | $185K | +18.4% |
Chenoa Township | $138.5K | $133.9K | -3.3% |
Chenoa | $138.5K | $133.9K | -3.3% |
Housing Supply in Chenoa Township, IL
How many homes are available in Chenoa Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Summary: The Chenoa Township real estate market had 8 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chenoa 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Chenoa Township in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chenoa Township, IL
How long does it take to sell a home in Chenoa Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
3 Days | 50 Days | +1335.7% |
Summary: Homes in Chenoa Township had an average of 50 days on market in Mar 2024, up by 1335.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Chenoa Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.