Is Dixon Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Dixon Township has remained a Seller's Market.
Housing Prices in Dixon Township, IL
How much do homes in Dixon Township, IL cost?
Median Sold Price
$160,000
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dixon Township was $160,000 in March 2024, up 33.4% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72.5K | $140K | +93.1% |
2 Bedrooms | $94.5K | $119.5K | +26.5% |
3 Bedrooms | $132.5K | $172K | +29.8% |
4 Bedrooms | $132.5K | $187.5K | +41.5% |
5+ Bedrooms | $175K | $192.5K | +10.0% |
Summary: Dixon Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.1%, 2 bedroom homes increased by 26.5%, 3 bedroom homes increased by 29.8%, 4 bedroom homes increased by 41.5%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
Dixon | $115K | $159.8K | +39.0% |
Dixon Township | $119.9K | $160K | +33.4% |
Housing Supply in Dixon Township, IL
How many homes are available in Dixon Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 66 | +10.0% |
Summary: The Dixon Township real estate market had 66 homes for sale in March 2024, a 10.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 16 | 15 | -6.3% |
3 Bedrooms | 30 | 35 | +16.7% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Dixon Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 22 | +37.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Dixon Township in March 2024, up by 37.5% month-over-month. Of the 22 sold homes, 55% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Dixon Township, IL
How long does it take to sell a home in Dixon Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
91 Days | 30 Days | -66.9% |
Summary: Homes in Dixon Township had an average of 30 days on market in Mar 2024, down by 66.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in Dixon Township; 73% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.