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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dale Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Dale Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dale Township, IL

How much do homes in Dale Township, IL cost?

Median Sold Price

$402,500

$117/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$142,500(+54.8%)

Key Takeaway

Homes in Dale Township have sold for 54.8% more than they did a month ago.

Summary: The median home sold price in Dale Township was $402,500 in February 2024, up 54.8% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $260K-
N/A
4 -$402.5K
N/A
5+ --
N/A

Summary: Dale Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Dale Township, IL

How many homes are available in Dale Township, IL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
550.0%

Summary: The Dale Township real estate market had 5 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 23
+50.0%
5+ 00
0.0%

Summary: The Dale Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dale Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Dale Township in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Dale Township, IL

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

Average Sale Time

Jan 2024Feb 2024CHANGE
6 Days33 Days+450.0%

Summary: Homes in Dale Township had an average of 33 days on market in Feb 2024, up by 450% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Dale Township; 50% of homes were sold within 30 days, 50% 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 28 Days Ago

Newest Listings in Dale Township, IL

Nearby Markets to Dale Township, IL

What housing markets are near Dale Township, IL?