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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenville Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Greenville Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Greenville Township, IL

How much do homes in Greenville Township, IL cost?

Median Sold Price

$192,000

$125/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$27,000(+16.4%)

Key Takeaway

Homes in Greenville Township have sold for 16.4% more than they did a month ago.

Summary: The median home sold price in Greenville Township was $192,000 in March 2024, up 16.4% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $206.2K$145K
-29.7%
3 $130K$207K
+59.2%
4 $172K$225K
+30.8%
5+ --
N/A

Summary: Greenville Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.7%, 3 bedroom homes increased by 59.2%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes did not change.

Housing Supply in Greenville Township, IL

How many homes are available in Greenville Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2830+7.1%

Summary: The Greenville Township real estate market had 30 homes for sale in March 2024, a 7.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1515
0.0%
4 46
+50.0%
5+ 34
+33.3%

Summary: The Greenville 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 decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenville Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Greenville Township in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Greenville Township, IL

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

Average Sale Time

Feb 2024Mar 2024CHANGE
45 Days89 Days+94.0%

Summary: Homes in Greenville Township had an average of 89 days on market in Mar 2024, up by 94% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Greenville Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 6 homes were sold in Greenville Township; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% 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 18 Days Ago

Newest Listings in Greenville Township, IL

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