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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Girard Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Girard Township, IL

How much do homes in Girard Township, IL cost?

Median Sold Price

$174,950

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$60,950(+53.5%)

Key Takeaway

Homes in Girard Township have sold for 53.5% more than they did a year ago.

Summary: The median home sold price in Girard Township was $174,950 in October 2024, up 53.5% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $134.9K-
N/A
2 $58K$63.8K
+10.0%
3 $145.4K$173K
+18.9%
4 $140K$292K
+108.6%
5+ -$385K
N/A

Summary: Girard Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 108.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Girard Township
+53.5%
Girard
+53.5%
Virden Township
-5.7%

Housing Supply in Girard Township, IL

How many homes are available in Girard Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1213+8.3%

Summary: The Girard Township real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 67
+16.7%
4 33
0.0%
5+ 11
0.0%

Summary: The Girard Township housing inventory by bedroom type for October 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Girard Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Girard Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Girard Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days5 Days-80.0%

Summary: Homes in Girard Township had an average of 5 days on market in Oct 2024, down by 80% compared to last year.

Breakdown of Home Sale Times

4 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 Girard Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Girard 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 9 Days Ago

Newest Listings in Girard Township, IL

Nearby Markets to Girard Township, IL