Is Indian Grove Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Indian Grove Township was a Seller's Market.
Housing Prices in Indian Grove Township, IL
How much do homes in Indian Grove Township, IL cost?
Median Sold Price
$150,000
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Indian Grove Township was $150,000 in November 2023, up 9.1% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $90K | $137.5K | +52.8% |
3 Bedrooms | $137.5K | $132.5K | -3.6% |
4 Bedrooms | $174.7K | $170K | -2.7% |
5+ Bedrooms | $145K | $160K | +10.3% |
Summary: Indian Grove Township housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.8%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
Fairbury | $135K | $150K | +11.1% |
Indian Grove Township | $137.5K | $150K | +9.1% |
Housing Supply in Indian Grove Township, IL
How many homes are available in Indian Grove Township, IL?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Summary: The Indian Grove Township real estate market had 13 homes for sale in November 2023, a 30.0% increase compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Indian Grove Township housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Indian Grove Township in November 2023, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Indian Grove Township, IL
How long does it take to sell a home in Indian Grove Township, IL?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
47 Days | 35 Days | -26.3% |
Summary: Homes in Indian Grove Township had an average of 35 days on market in Nov 2023, down by 26.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During November 2023, 1 homes were sold in Indian Grove Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.