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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Guilford Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Guilford Township, IL cost?

Median Sold Price

$280,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$44,250(+18.8%)

Key Takeaway

Homes in Guilford Township have sold for 18.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $125K$133K
+6.4%
2 $127.5K$185K
+45.1%
3 $252K$297K
+17.9%
4 $400K$400.5K
0.1%
5+ $460K$350K
-23.9%

How many homes are available in Guilford Township, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
1110-9.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 12
+100.0%
3 64
-33.3%
4 22
0.0%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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 Guilford Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
93 Days2 Days-97.8%

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 Guilford 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 Guilford Township, IL

Homes for sale in Guilford Township, IL have reached 10. The number of listings in Guilford Township, IL decreased by 9.1% between October 2022 and November 2022. The median list price of listings available in November 2022 was $280,000, while the average time on the real estate market was 2 days. Listing prices have changed in this real estate market between October 2022 and November 2022: the cost of 1 bedroom properties went up by 6.4%, 2 bedrooms properties prices increased by 45.1%, 3 bedrooms properties became 17.9% more expensive, prices of 4 bedrooms properties went up by 0.1%, 5 bedrooms properties became 23.9% more cheaper. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 100%, volume of 3 bedrooms homes went down by 33.3%, volume of 4 bedrooms homes stayed the same, 5 bedrooms homes inventory did not change. In November 2022 more than 0 listings in Guilford Township, IL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.