Is Delavan Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Delavan Township was a Seller's Market.
Housing Prices in Delavan Township, IL
How much do homes in Delavan Township, IL cost?
Median Sold Price
$125,000
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Delavan Township was $125,000 in April 2024, up 4.2% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $175K | N/A |
2 Bedrooms | $89K | $60K | -32.6% |
3 Bedrooms | $138.5K | $86.5K | -37.5% |
4 Bedrooms | $117.4K | $150K | +27.7% |
5+ Bedrooms | $186.5K | $374K | +100.5% |
Summary: Delavan 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 decreased by 32.6%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes increased by 100.5%.
Median Sold Price Compared To Nearby Cities
Delavan | $119.9K | $125K | +4.3% |
Delavan Township | $120K | $125K | +4.2% |
Housing Supply in Delavan Township, IL
How many homes are available in Delavan Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Summary: The Delavan Township real estate market had 12 homes for sale in April 2024, a 7.7% decrease compared to 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 | 10 | 9 | -10.0% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Delavan 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 decreased by 10%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Delavan Township in April 2024, down by 66.7% month-over-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 Delavan Township, IL
How long does it take to sell a home in Delavan Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
152 Days | 165 Days | +8.3% |
Summary: Homes in Delavan Township had an average of 165 days on market in Apr 2024, up by 8.3% compared to last year.
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
Summary: During April 2024, 1 homes were sold in Delavan 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.