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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dayton Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Dayton Township, IL

How much do homes in Dayton Township, IL cost?

Median Sold Price

$221,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$53,450(-19.5%)

Key Takeaway

Homes in Dayton Township have sold for 19.5% less than they did a year ago.

Summary: The median home sold price in Dayton Township was $221,000 in March 2024, down 19.5% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $155K$170K
+9.7%
3 $316.5K$200K
-36.8%
4 $221K$305.7K
+38.3%
5+ $325K$481.5K
+48.2%

Summary: Dayton 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 increased by 9.7%, 3 bedroom homes decreased by 36.8%, 4 bedroom homes increased by 38.3%, and 5+ bedroom homes increased by 48.2%.

Median Sold Price Compared To Nearby Cities

Ottawa Township
+28.2%
Ottawa
+15.0%
Dayton Township
-19.5%

Housing Supply in Dayton Township, IL

How many homes are available in Dayton Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
45+25.0%

Summary: The Dayton Township real estate market had 5 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 01
+100.0%
4 11
0.0%
5+ 11
0.0%

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

Number of Homes Sold

Feb 2024Mar 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 Dayton 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 Dayton Township in March 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 Dayton Township, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
89 Days14 Days-84.3%

Summary: Homes in Dayton Township had an average of 14 days on market in Mar 2024, down by 84.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Dayton Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Dayton 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 24 Days Ago

Newest Listings in Dayton Township, IL

Nearby Markets to Dayton Township, IL

What housing markets are near Dayton Township, IL?