Is Felix Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Felix Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Felix Township has remained a Seller's Market.

Key Takeaway

Felix Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Felix Township, IL

How much do homes in Felix Township, IL cost?

Median Sold Price

$276,500

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$51,500(+22.9%)

Key Takeaway

Homes in Felix Township have sold for 22.9% more than they did a year ago.

Summary: The median home sold price in Felix Township was $276,500 in March 2024, up 22.9% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$89.9K
N/A
2 $167.5K$193.5K
+15.5%
3 $210K$276.5K
+31.7%
4 $266.2K$480K
+80.3%
5+ $1.3M-
N/A

Summary: Felix Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 31.7%, 4 bedroom homes increased by 80.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Coal City
+29.0%
Felix Township
+22.9%
Goose Lake Township
-15.6%

Housing Supply in Felix Township, IL

How many homes are available in Felix Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
56+20.0%

Summary: The Felix Township real estate market had 6 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Felix 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 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Felix Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Felix Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Felix Township, IL

How long does it take to sell a home in Felix Township, IL?

Average Sale Time

Mar 2023Mar 2024CHANGE
42 Days11 Days-73.8%

Summary: Homes in Felix Township had an average of 11 days on market in Mar 2024, down by 73.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Felix Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Felix 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Felix Township, IL

Nearby Markets to Felix Township, IL

What housing markets are near Felix Township, IL?