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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henry Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Henry Township, IL cost?

Median Sold Price

$106,000

$64/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$11,500(+12.2%)

Key Takeaway

Homes in Henry Township have sold for 12.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $91.2K$63K
-31.0%
3 $83K$123.6K
+48.9%
4 $147.5K$93K
-36.9%
5+ $152K$150K
-1.3%

Median Sold Price Compared To Nearby Cities

Senachwine Township
+26.7%
Putnam
+26.7%
Henry Township
+12.2%
Henry
+12.2%

How many homes are available in Henry Township, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
1011+10.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 12
+100.0%
3 76
-14.3%
4 12
+100.0%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
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 Henry Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
25 Days103 Days+310.6%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Henry Township are taking a long time to sell, it's a good idea to negotiate on homes here.

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

About Henry Township, IL

Henry Township, IL has 11 homes on the market. The number of homes for sale in Henry Township, IL increased by 10% between October 2022 and November 2022. The median list price of listings available in November 2022 was $106,000, while the average time on the real estate market was 103 days. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices decreased by 31%, 3 bedrooms properties prices increased by 48.9%, 4 bedrooms properties prices decreased by 36.9%, prices of 5 bedrooms properties went down by 1.3%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 100%, number of 3 bedrooms homes decreased by 14.3%, 4 bedrooms homes inventory increased by 100%, volume of 5 bedrooms homes stayed the same. Henry Township, IL housing market in November 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 3 sold below.

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