Is Edwardsville 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, Edwardsville Township has remained a Seller's Market.
Key Takeaway
Edwardsville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Edwardsville Township, IL
How much do homes in Edwardsville Township, IL cost?
Median Sold Price
$319,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Edwardsville Township have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Edwardsville Township was $319,000 in April 2024, up 9.1% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $124K | +30.5% |
| 2 Bedrooms | $174.9K | $180.8K | +3.3% |
| 3 Bedrooms | $255.3K | $279.7K | +9.5% |
| 4 Bedrooms | $365.5K | $420.7K | +15.1% |
| 5+ Bedrooms | $480K | $550K | +14.6% |
Summary: Edwardsville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.5%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
| Pin Oak Township | $397.5K | $445K | +11.9% |
| Glen Carbon | $300K | $332.4K | +10.8% |
| Edwardsville Township | $292.3K | $319K | +9.1% |
| Edwardsville | $292.6K | $310.1K | +6.0% |
Housing Supply in Edwardsville Township, IL
How many homes are available in Edwardsville Township, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 143 | 153 | +7.0% |
Summary: The Edwardsville Township real estate market had 153 homes for sale in April 2024, a 7.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 16 | 10 | -37.5% |
| 3 Bedrooms | 62 | 63 | +1.6% |
| 4 Bedrooms | 51 | 64 | +25.5% |
| 5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Edwardsville Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 | 38 | -15.6% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Edwardsville Township, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Edwardsville Township in April 2024, down by 15.6% month-over-month. Of the 38 sold homes, 47% were sold under asking, 16% were sold at asking, and 37% were sold over asking.
Days on Market for Edwardsville Township, IL
How long does it take to sell a home in Edwardsville Township, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 77 Days | 34 Days | -54.8% |
Summary: Homes in Edwardsville Township had an average of 34 days on market in Apr 2024, down by 54.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Edwardsville Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 38 homes were sold in Edwardsville Township; 53% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.