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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Garden Township is a seller's market

Buyer's
Market

Difference Since December 2020

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

Key Takeaway

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

How much do homes in Green Garden Township, IL cost?

Median Sold Price

$512,500

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$77,500(+17.8%)

Key Takeaway

Homes in Green Garden Township have sold for 17.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $569.5K-
N/A
3 $411K$505K
+22.9%
4 $445K$537.5K
+20.8%
5+ $439K$475K
+8.2%

Median Sold Price Compared To Nearby Cities

Monee Township
+21.9%
Green Garden Township
+17.8%
Frankfort
+14.5%
Frankfort Township
+10.8%
Manhattan Township
+6.3%

How many homes are available in Green Garden Township, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
19190.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 87
-12.5%
5+ 55
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
14+300.0%

Asking Price vs. Sold Price

3 Homes Were 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 Green Garden Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
21 Days47 Days+118.6%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Green Garden Township, IL

There are 19 homes are for sale in Green Garden Township, IL real estate market. The median list price of listings available in December 2021 was $512,500, while the average time on the real estate market was 47 days. Between November 2021 and December 2021, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties became 22.9% more expensive, 4 bedrooms properties prices increased by 20.8%, 5 bedrooms properties prices increased by 8.2%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes increased by 16.7%, number of 4 bedrooms homes decreased by 12.5%, volume of 5 bedrooms homes stayed the same. Over 0 listings were sold over their listed price in December 2021 in Green Garden Township, IL. In the same period over 3 listings were sold below the listed price and 1 listings were sold for the listed price.

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