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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hebron Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hebron Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hebron Township, IL

How much do homes in Hebron Township, IL cost?

Median Sold Price

$265,000

$141/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$15,000(+6.0%)

Key Takeaway

Homes in Hebron Township have sold for 6% more than they did a month ago.

Summary: The median home sold price in Hebron Township was $265,000 in October 2024, up 6% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $250K$432.2K
+72.9%
4 --
N/A
5+ -$227.5K
N/A

Summary: Hebron Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 72.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hebron Township
+6.0%
Hebron
+6.0%

Housing Supply in Hebron Township, IL

How many homes are available in Hebron Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
119-18.2%

Summary: The Hebron Township real estate market had 9 homes for sale in October 2024, a 18.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 74
-42.9%
4 12
+100.0%
5+ 22
0.0%

Summary: The Hebron Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hebron Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Hebron Township in October 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hebron Township, IL

How long does it take to sell a home in Hebron Township, IL?

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days43 Days+61.7%

Summary: Homes in Hebron Township had an average of 43 days on market in Oct 2024, up by 61.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hebron Township has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Hebron Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 3 Days Ago

Newest Listings in Hebron Township, IL

Nearby Markets to Hebron Township, IL

What housing markets are near Hebron Township, IL?