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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little Mackinaw Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Little Mackinaw Township was a Buyer's Market.

Key Takeaway

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

How much do homes in Little Mackinaw Township, IL cost?

Median Sold Price

$124,500

$56/sqft

Based on all homes sold in September 2022.

Difference Since Last Month

-$115,500(-48.1%)

Key Takeaway

Homes in Little Mackinaw Township have sold for 48.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSAug 2022Sep 2022%
1 --
N/A
2 --
N/A
3 -$118.4K
N/A
4 $240K$130.5K
-45.6%
5+ --
N/A

How many homes are available in Little Mackinaw Township, IL?

Number of Homes For Sale

Aug 2022Sep 2022%
910+11.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 00
0.0%
3 24
+100.0%
4 76
-14.3%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
16+500.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little Mackinaw Township, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Average Sale Time

Aug 2022Sep 2022%
15 Days20 Days+36.7%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Little Mackinaw Township, IL

There are 10 homes are for sale in Little Mackinaw Township, IL real estate market. Between August 2022 and September 2022, Little Mackinaw Township, IL real estate market has seen increase in the number of listings by 11.1%. In September 2022, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $124,500. Listing prices have changed in this real estate market between September 2021 and September 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties went up by 0%, 4 bedrooms properties prices decreased by 45.6%, 5 bedrooms properties prices increased by 0%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes did not move, number of 3 bedrooms homes increased by 100%, the quantity of 4 bedrooms homes went down by 14.3%, volume of 5 bedrooms homes stayed the same. Over 0 listings were sold over their listed price in September 2022 in Little Mackinaw Township, IL. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price.