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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Greenfield Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Greenfield Township, IL

How much do homes in Greenfield Township, IL cost?

Median Sold Price

$209,500

$151/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$96,000(+84.6%)

Key Takeaway

Homes in Greenfield Township have sold for 84.6% more than they did a month ago.

Summary: The median home sold price in Greenfield Township was $209,500 in November 2024, up 84.6% from last month, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $113.5K$209.5K
+84.6%
4 --
N/A
5+ --
N/A

Summary: Greenfield Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 84.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Greenfield Township
+84.6%
South Wilmington
+45.4%

Housing Supply in Greenfield Township, IL

How many homes are available in Greenfield Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
880.0%

Summary: The Greenfield Township real estate market had 8 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 55
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Greenfield Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

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 Greenfield 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 Greenfield Township in November 2024, up by 100.0% 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 Greenfield Township, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
40 Days78 Days+96.3%

Summary: Homes in Greenfield Township had an average of 78 days on market in Nov 2024, up by 96.3% compared to last month.

Breakdown of Home Sale Times

0 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

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

Summary: During November 2024, 2 homes were sold in Greenfield Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 Greenfield Township, IL

Nearby Markets to Greenfield Township, IL

What housing markets are near Greenfield Township, IL?