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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gridley Township is a neutral's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Gridley Township was a Seller's Market.

Key Takeaway

Gridley Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Gridley Township, IL cost?

Median Sold Price

$134,000

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$13,000(+10.7%)

Key Takeaway

Homes in Gridley Township have sold for 10.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$58K
N/A
2 $111K$107.2K
-3.4%
3 $114.2K$135K
+18.2%
4 $144K$212K
+47.2%
5+ --
N/A

How many homes are available in Gridley Township, IL?

Number of Homes For Sale

Aug 2022Sep 2022%
37+133.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 13
+200.0%
3 02
+100.0%
4 22
0.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
110.0%

Asking Price vs. Sold Price

0 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 Gridley Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Sep 2021Sep 2022%
26 Days10 Days-61.5%

Breakdown of Home Sale Times

1 Home Was 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 Gridley Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Gridley Township, IL

Gridley Township, IL has 7 homes for sale to choose from. The number of listings in Gridley Township, IL increased by 133.3% between August 2022 and September 2022. In September 2022 median list price was $134,000 and the average listing age was 10 days. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 3.4%, 3 bedrooms properties became 18.2% more expensive, 4 bedrooms properties prices increased by 47.2%, prices of 5 bedrooms properties increased by 0%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory increased by 200%, the quantity of 3 bedrooms homes went up by 100%, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory did not change. Gridley Township, IL housing market in September 2022 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 0 sold below.

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