Is Hall Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hall Township has remained a Seller's Market.
Housing Prices in Hall Township, IL
How much do homes in Hall Township, IL cost?
Median Sold Price
$127,000
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hall Township was $127,000 in March 2024, up 5.9% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $46.2K | +15.6% |
2 Bedrooms | $75K | $95K | +26.7% |
3 Bedrooms | $135K | $141K | +4.4% |
4 Bedrooms | $206.5K | $117.5K | -43.1% |
5+ Bedrooms | $264.5K | $275K | +4.0% |
Summary: Hall Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 43.1%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
Spring Valley | $103.2K | $126K | +22.0% |
Hall Township | $119.9K | $127K | +5.9% |
Housing Supply in Hall Township, IL
How many homes are available in Hall Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 26 | +4.0% |
Summary: The Hall Township real estate market had 26 homes for sale in March 2024, a 4.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 3 | -50.0% |
3 Bedrooms | 15 | 18 | +20.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Hall 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 50%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Hall Township in March 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Hall Township, IL
How long does it take to sell a home in Hall Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
88 Days | 48 Days | -45.8% |
Summary: Homes in Hall Township had an average of 48 days on market in Mar 2024, down by 45.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Hall Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.