Is Kewanee Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Kewanee Township was a Seller's Market.
Housing Prices in Kewanee Township, IL
How much do homes in Kewanee Township, IL cost?
Median Sold Price
$70,300
$52/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Kewanee Township was $70,300 in April 2024, up 43.5% from last month, and the median price per square foot was $52.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $49K | $35K | -28.6% |
3 Bedrooms | $50.5K | $72.6K | +43.8% |
4 Bedrooms | $46K | - | N/A |
5+ Bedrooms | $150K | - | N/A |
Summary: Kewanee 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 decreased by 28.6%, 3 bedroom homes increased by 43.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Kewanee Township | $49K | $70.3K | +43.5% |
Annawan Township | $92.4K | $115K | +24.4% |
Housing Supply in Kewanee Township, IL
How many homes are available in Kewanee Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 30 | -6.3% |
Summary: The Kewanee Township real estate market had 30 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 9 | 6 | -33.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Kewanee 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 increased by 42.9%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 4 | -63.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Kewanee Township in April 2024, down by 63.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Kewanee Township, IL
How long does it take to sell a home in Kewanee Township, IL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 29 Days | -35.9% |
Summary: Homes in Kewanee Township had an average of 29 days on market in Apr 2024, down by 35.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Kewanee Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.