Is Cicero Township, IL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Cicero Township is a seller's market


Difference Since June 2023

Since last year, Cicero Township has remained a Seller's Market.

Key Takeaway

Cicero Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cicero Township, IL

How much do homes in Cicero Township, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since June 2023


Key Takeaway

Homes in Cicero Township have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Cicero Township was $274,933 in June 2024, up 5.7% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 -$60K
2 $208K$224.2K
3 $247.2K$269.9K
4 $270K$298.9K
5+ $309K$328.7K

Summary: Cicero 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 7.8%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 6.4%.

Median Sold Price Compared To Nearby Cities

Berwyn Township
Cicero Township

Housing Supply in Cicero Township, IL

How many homes are available in Cicero Township, IL?

Number of Homes For Sale

May 2024Jun 2024CHANGE

Summary: The Cicero Township real estate market had 129 homes for sale in June 2024, a 16.2% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 12
2 2119
3 3041
4 2326
5+ 3641

Summary: The Cicero Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 36.7%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 13.9%.

Number of Homes Sold

May 2024Jun 2024CHANGE

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cicero Township, you could pay more than the asking price. 51.7% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in Cicero Township in June 2024, the same as the previous month. Of the 29 sold homes, 34% were sold under asking, 14% were sold at asking, and 52% were sold over asking.

Days on Market for Cicero Township, IL

How long does it take to sell a home in Cicero Township, IL?

Average Sale Time

Jun 2023Jun 2024CHANGE
46 Days20 Days-56.1%

Summary: Homes in Cicero Township had an average of 20 days on market in Jun 2024, down by 56.1% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cicero Township are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 29 homes were sold in Cicero Township; 72% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Cicero Township, IL

Nearby Markets to Cicero Township, IL

What housing markets are near Cicero Township, IL?