Is Godfrey 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, Godfrey Township has remained a Seller's Market.
Housing Prices in Godfrey Township, IL
How much do homes in Godfrey Township, IL cost?
Median Sold Price
$200,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Godfrey Township was $200,000 in April 2024, up 11.3% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91.2K | $42K | -54.0% |
2 Bedrooms | $124.9K | $153K | +22.5% |
3 Bedrooms | $162K | $191.5K | +18.2% |
4 Bedrooms | $252K | $245K | -2.8% |
5+ Bedrooms | $295K | $365K | +23.7% |
Summary: Godfrey Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 23.7%.
Median Sold Price Compared To Nearby Cities
Alton | $105K | $118.2K | +12.6% |
Alton Township | $105K | $118K | +12.3% |
Godfrey Township | $179.6K | $200K | +11.3% |
Godfrey | $179.6K | $200K | +11.3% |
Housing Supply in Godfrey Township, IL
How many homes are available in Godfrey Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 77 | +10.0% |
Summary: The Godfrey Township real estate market had 77 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 17 | +41.7% |
3 Bedrooms | 39 | 38 | -2.6% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Godfrey Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 27 | +12.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Godfrey Township in April 2024, up by 12.5% month-over-month. Of the 27 sold homes, 33% were sold under asking, 7% were sold at asking, and 59% were sold over asking.
Days on Market for Godfrey Township, IL
How long does it take to sell a home in Godfrey Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 34 Days | -18.6% |
Summary: Homes in Godfrey Township had an average of 34 days on market in Apr 2024, down by 18.6% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Godfrey Township; 59% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.