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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Danforth Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Danforth Township, IL

How much do homes in Danforth Township, IL cost?

Median Sold Price

$1,100,000

$971/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$995,000(+947.6%)

Key Takeaway

Homes in Danforth Township have sold for 947.6% more than they did a month ago.

Summary: The median home sold price in Danforth Township was $1,100,000 in April 2024, up 947.6% from last month, and the median price per square foot was $971.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$1.1M
N/A
3 $105K-
N/A
4 --
N/A
5+ --
N/A

Summary: Danforth Township housing prices by bedroom type for April 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.

Median Sold Price Compared To Nearby Cities

Danforth Township
+947.6%
Danforth
+947.6%
Douglas Township
+57.1%

Housing Supply in Danforth Township, IL

How many homes are available in Danforth Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
330.0%

Summary: The Danforth Township real estate market had 3 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 10
-100.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Danforth 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 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Danforth Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Danforth Township in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Danforth Township, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
74 Days128 Days+73.0%

Summary: Homes in Danforth Township had an average of 128 days on market in Apr 2024, up by 73% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Danforth Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Danforth Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 1 Day Ago

Newest Listings in Danforth Township, IL

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