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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hickory Point Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Hickory Point Township, IL

How much do homes in Hickory Point Township, IL cost?

Median Sold Price

$134,900

$60/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$45,550(-25.2%)

Key Takeaway

Homes in Hickory Point Township have sold for 25.2% less than they did a month ago.

Summary: The median home sold price in Hickory Point Township was $134,900 in April 2024, down 25.2% from last month, and the median price per square foot was $60.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $120.6K-
N/A
3 $199.9K$134.9K
-32.5%
4 $234K-
N/A
5+ --
N/A

Summary: Hickory Point Township housing prices by bedroom type for April 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 decreased by 32.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hickory Point Township, IL

How many homes are available in Hickory Point Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
106-40.0%

Summary: The Hickory Point Township real estate market had 6 homes for sale in April 2024, a 40.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 65
-16.7%
4 20
-100.0%
5+ 01
+100.0%

Summary: The Hickory Point Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hickory Point Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Hickory Point Township in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Hickory Point Township, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
77 Days14 Days-81.9%

Summary: Homes in Hickory Point Township had an average of 14 days on market in Apr 2024, down by 81.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hickory Point Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Hickory Point Township; 100% of homes were sold within 30 days, 0% 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 9 Days Ago

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