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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fulton Township is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Fulton Township was a Seller's Market.

Key Takeaway

Fulton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fulton Township, IL

How much do homes in Fulton Township, IL cost?

Median Sold Price

$139,000

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,000(+11.2%)

Key Takeaway

Homes in Fulton Township have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Fulton Township was $139,000 in March 2024, up 11.2% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $36.5K$73.2K
+100.7%
2 $111.8K$130.9K
+17.1%
3 $144K$140K
-2.8%
4 $159.2K$220K
+38.1%
5+ $139.5K$220K
+57.7%

Summary: Fulton Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 100.7%, 2 bedroom homes increased by 17.1%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 38.1%, and 5+ bedroom homes increased by 57.7%.

Median Sold Price Compared To Nearby Cities

York Township
+18.4%
Fulton Township
+11.2%
Fulton
+11.2%

Housing Supply in Fulton Township, IL

How many homes are available in Fulton Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1720+17.6%

Summary: The Fulton Township real estate market had 20 homes for sale in March 2024, a 17.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1112
+9.1%
4 24
+100.0%
5+ 00
0.0%

Summary: The Fulton 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 increased by 9.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fulton Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Fulton Township in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fulton Township, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
2 Days68 Days+3038.5%

Summary: Homes in Fulton Township had an average of 68 days on market in Mar 2024, up by 3038.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fulton Township has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Fulton Township; 0% of homes were sold within 30 days, 100% 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 24 Days Ago

Newest Listings in Fulton Township, IL

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What housing markets are near Fulton Township, IL?