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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dawson Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Dawson Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dawson Township, IL

How much do homes in Dawson Township, IL cost?

Median Sold Price

$163,000

$97/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$2,000(-1.2%)

Key Takeaway

Homes in Dawson Township have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Dawson Township was $163,000 in March 2024, down 1.2% from last year, and the median price per square foot was $97.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $199.9K-
N/A
2 -$104.9K
N/A
3 $177.5K$160K
-9.9%
4 $145.3K$170K
+17.0%
5+ -$450K
N/A

Summary: Dawson Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 17%, and 5+ bedroom homes did not change.

Housing Supply in Dawson Township, IL

How many homes are available in Dawson Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
660.0%

Summary: The Dawson Township real estate market had 6 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 02
+100.0%
4 43
-25.0%
5+ 11
0.0%

Summary: The Dawson Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dawson Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Dawson Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Dawson Township, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
4 Days2 Days-50.0%

Summary: Homes in Dawson Township had an average of 2 days on market in Mar 2024, down by 50% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Dawson Township; 100% of homes were sold within 30 days, 0% 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 18 Days Ago

Newest Listings in Dawson Township, IL

Nearby Markets to Dawson Township, IL