Is Havana 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, Havana Township was a Seller's Market.
Key Takeaway
Havana Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Havana Township, IL
How much do homes in Havana Township, IL cost?
Median Sold Price
$75,000
$57/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Havana Township have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Havana Township was $75,000 in March 2024, up 13.6% from last year, and the median price per square foot was $57.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $86K | +72.0% |
| 2 Bedrooms | $43K | $57.2K | +33.1% |
| 3 Bedrooms | $67K | $119K | +77.6% |
| 4 Bedrooms | $115K | $165.5K | +43.9% |
| 5+ Bedrooms | $180K | $94.2K | -47.6% |
Summary: Havana Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72%, 2 bedroom homes increased by 33.1%, 3 bedroom homes increased by 77.6%, 4 bedroom homes increased by 43.9%, and 5+ bedroom homes decreased by 47.6%.
Median Sold Price Compared To Nearby Cities
| Havana | $60K | $74.9K | +24.9% |
| Havana Township | $66K | $75K | +13.6% |
Housing Supply in Havana Township, IL
How many homes are available in Havana Township, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Havana Township real estate market had 22 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Havana 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 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Havana 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 3 homes were sold or pending in Havana Township in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Havana Township, IL
How long does it take to sell a home in Havana Township, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 58 Days | 50 Days | -14.4% |
Summary: Homes in Havana Township had an average of 50 days on market in Mar 2024, down by 14.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Havana Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Havana Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.