Is Cicero Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cicero Township has remained a Seller's Market.
Housing Prices in Cicero Township, IL
How much do homes in Cicero Township, IL cost?
Median Sold Price
$270,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cicero Township was $270,000 in April 2024, up 5.3% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $50K | N/A |
2 Bedrooms | $207.5K | $230K | +10.8% |
3 Bedrooms | $243.7K | $260K | +6.7% |
4 Bedrooms | $269.9K | $299.9K | +11.2% |
5+ Bedrooms | $309K | $315K | +2.0% |
Summary: Cicero Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
Berwyn | $296K | $324.9K | +9.8% |
Berwyn Township | $296.3K | $324.9K | +9.7% |
Cicero Township | $256.4K | $270K | +5.3% |
Cicero | $256.4K | $270K | +5.3% |
Stickney | $250K | $262.5K | +5.0% |
Housing Supply in Cicero Township, IL
How many homes are available in Cicero Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
111 | 133 | +19.8% |
Summary: The Cicero Township real estate market had 133 homes for sale in April 2024, a 19.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 19 | +5.6% |
3 Bedrooms | 34 | 40 | +17.6% |
4 Bedrooms | 24 | 30 | +25.0% |
5+ Bedrooms | 35 | 44 | +25.7% |
Summary: The Cicero Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 25.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 27 | +3.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Cicero Township in April 2024, up by 3.8% month-over-month. Of the 27 sold homes, 41% were sold under asking, 19% were sold at asking, and 41% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 51 Days | -11.2% |
Summary: Homes in Cicero Township had an average of 51 days on market in Apr 2024, down by 11.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Cicero Township; 70% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.