Is Deer Creek 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, Deer Creek Township has remained a Seller's Market.
Key Takeaway
Deer Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Deer Creek Township, IL
How much do homes in Deer Creek Township, IL cost?
Median Sold Price
$255,350
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Deer Creek Township have sold for 22.8% more than they did a year ago.
Summary: The median home sold price in Deer Creek Township was $255,350 in April 2024, up 22.8% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $65.9K | $132.5K | +100.9% |
| 3 Bedrooms | $201.1K | $255.3K | +27.0% |
| 4 Bedrooms | $226.5K | $472.5K | +108.6% |
| 5+ Bedrooms | - | $185K | N/A |
Summary: Deer Creek Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 100.9%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 108.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Deer Creek Township | $208K | $255.3K | +22.8% |
| Deer Creek | $169K | $180K | +6.5% |
Housing Supply in Deer Creek Township, IL
How many homes are available in Deer Creek Township, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Deer Creek Township real estate market had 5 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Deer Creek 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deer Creek Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Deer Creek Township in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Deer Creek Township, IL
How long does it take to sell a home in Deer Creek Township, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 3 Days | 0.0% |
Summary: Homes in Deer Creek Township had an average of 3 days on market in Apr 2024, the same as last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Deer Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Deer Creek 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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.