Is East Fork Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, East Fork Township was a Seller's Market.
Key Takeaway
East Fork Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Fork Township, IL
How much do homes in East Fork Township, IL cost?
Median Sold Price
$127,450
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Fork Township have sold for 77% more than they did a year ago.
Summary: The median home sold price in East Fork Township was $127,450 in March 2024, up 77% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $14K | $140K | +900.0% |
| 2 Bedrooms | $48K | $96.5K | +101.0% |
| 3 Bedrooms | $97.5K | $157K | +61.0% |
| 4 Bedrooms | - | $277.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: East Fork Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 900%, 2 bedroom homes increased by 101%, 3 bedroom homes increased by 61%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in East Fork Township, IL
How many homes are available in East Fork Township, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The East Fork Township real estate market had 8 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Fork 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Fork 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 East Fork Township in March 2024, up by 100.0% 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 East Fork Township, IL
How long does it take to sell a home in East Fork Township, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 132 Days | 104 Days | -21.5% |
Summary: Homes in East Fork Township had an average of 104 days on market in Mar 2024, down by 21.5% 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
Key Takeaway
Most homes in East Fork Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in East Fork 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.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.