Is Freeport 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, Freeport Township was a Buyer's Market.
Housing Prices in Freeport Township, IL
How much do homes in Freeport Township, IL cost?
Median Sold Price
$96,966
$74/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Freeport Township was $96,966 in April 2024, down 9% from last year, and the median price per square foot was $74.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $58K | -3.3% |
2 Bedrooms | $76K | $86K | +13.2% |
3 Bedrooms | $111K | $120K | +8.1% |
4 Bedrooms | $118.4K | $110K | -7.1% |
5+ Bedrooms | $120K | $68.5K | -42.9% |
Summary: Freeport Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 42.9%.
Median Sold Price Compared To Nearby Cities
Freeport | $106.5K | $97K | -8.9% |
Freeport Township | $106.5K | $96.9K | -9.0% |
Housing Supply in Freeport Township, IL
How many homes are available in Freeport Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
78 | 82 | +5.1% |
Summary: The Freeport Township real estate market had 82 homes for sale in April 2024, a 5.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 33 | 35 | +6.1% |
4 Bedrooms | 25 | 25 | 0.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Freeport Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 6.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Freeport Township in April 2024, up by 5.9% month-over-month. Of the 18 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Freeport Township, IL
How long does it take to sell a home in Freeport Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
82 Days | 46 Days | -43.4% |
Summary: Homes in Freeport Township had an average of 46 days on market in Apr 2024, down by 43.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Freeport Township; 56% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.