Is Hampshire Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Hampshire Township was a Seller's Market.
Housing Prices in Hampshire Township, IL
How much do homes in Hampshire Township, IL cost?
Median Sold Price
$380,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hampshire Township was $380,000 in March 2024, up 11.8% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $289.9K | $290K | 0.0% |
3 Bedrooms | $314.9K | $352.5K | +11.9% |
4 Bedrooms | $410K | $439.9K | +7.3% |
5+ Bedrooms | $450K | $428.2K | -4.8% |
Summary: Hampshire Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
Genoa Township | $209.1K | $250K | +19.6% |
Hampshire | $339.9K | $390.4K | +14.9% |
Hampshire Township | $339.9K | $380K | +11.8% |
Burlington Township | $400K | $435K | +8.8% |
Housing Supply in Hampshire Township, IL
How many homes are available in Hampshire Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
80 | 97 | +21.3% |
Summary: The Hampshire Township real estate market had 97 homes for sale in March 2024, a 21.3% 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 | 15 | 21 | +40.0% |
3 Bedrooms | 27 | 35 | +29.6% |
4 Bedrooms | 32 | 35 | +9.4% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Hampshire 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 increased by 40%, 3 bedroom homes increased by 29.6%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 13 | -23.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Hampshire Township in March 2024, down by 23.5% month-over-month. Of the 13 sold homes, 23% were sold under asking, 31% were sold at asking, and 46% were sold over asking.
Days on Market for Hampshire Township, IL
How long does it take to sell a home in Hampshire Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 35 Days | -8.6% |
Summary: Homes in Hampshire Township had an average of 35 days on market in Mar 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Hampshire Township; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.