Is Coal Valley 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, Coal Valley Township has remained a Seller's Market.
Key Takeaway
Coal Valley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coal Valley Township, IL
How much do homes in Coal Valley Township, IL cost?
Median Sold Price
$236,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Coal Valley Township have sold for 24.5% more than they did a year ago.
Summary: The median home sold price in Coal Valley Township was $236,000 in April 2024, up 24.5% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $50K | -52.4% |
| 2 Bedrooms | $114.5K | $106K | -7.4% |
| 3 Bedrooms | $190K | $225K | +18.4% |
| 4 Bedrooms | $337.5K | $307.4K | -8.9% |
| 5+ Bedrooms | $189.2K | $410K | +116.7% |
Summary: Coal Valley Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.4%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes increased by 116.7%.
Median Sold Price Compared To Nearby Cities
| Blackhawk Township | $130K | $164K | +26.2% |
| Coal Valley Township | $189.6K | $236K | +24.5% |
| Coal Valley | $194.5K | $238K | +22.4% |
| South Moline Township | $146.6K | $165K | +12.5% |
| Moline | $136.1K | $150K | +10.2% |
Housing Supply in Coal Valley Township, IL
How many homes are available in Coal Valley Township, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Summary: The Coal Valley Township real estate market had 11 homes for sale in April 2024, a 21.4% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Coal Valley 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Coal Valley Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Coal Valley Township in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Coal Valley Township, IL
How long does it take to sell a home in Coal Valley Township, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 45 Days | -2.2% |
Summary: Homes in Coal Valley Township had an average of 45 days on market in Apr 2024, down by 2.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Coal Valley Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Coal Valley Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.