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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cicero Township is a seller's market

Buyer's
Market

Difference Since December 2021

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.

How much do homes in Cicero Township, IL cost?

Median Sold Price

$262,499

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$12,499(+5.0%)

Key Takeaway

Homes in Cicero Township have sold for 5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $37K-
N/A
2 $211K$213.9K
+1.4%
3 $238K$245K
+2.9%
4 $265K$279.9K
+5.6%
5+ $305K$311.5K
+2.1%

Median Sold Price Compared To Nearby Cities

Cicero Township
+5.0%
Cicero
+5.0%
Berwyn Township
+3.6%
Berwyn
+3.4%
Stickney
-7.2%

How many homes are available in Cicero Township, IL?

Number of Homes For Sale

Nov 2022Dec 2022%
150157+4.7%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 2423
-4.2%
3 5055
+10.0%
4 3639
+8.3%
5+ 4040
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
2029+45.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cicero Township, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
25 Days39 Days+56.2%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

4 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.

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

About Cicero Township, IL

Homes for sale in Cicero Township, IL have reached 157. In December 2022 in Cicero Township, IL there were 4.7% more homes for sale than in November 2022. In December 2022 median list price was $262,499 and the average listing age was 39 days. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 1.4%, prices of 3 bedrooms properties increased by 2.9%, the cost of 4 bedrooms properties went up by 5.6%, prices of 5 bedrooms properties increased by 2.1%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went down by 4.2%, 3 bedrooms homes became 10% more available, volume of 4 bedrooms homes went up by 8.3%, the quantity of 5 bedrooms homes have not changed. In December 2022, from all listings sold in Cicero Township, IL there were more than 9 sold above asking price, over 16 sold below and more than 4 were sold right at the asked price.

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