Is Loda 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, Loda Township was a Buyer's Market.
Housing Prices in Loda Township, IL
How much do homes in Loda Township, IL cost?
Median Sold Price
$229,500
$77/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Loda Township was $229,500 in February 2024, up 35% from last month, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $29K | N/A |
4 Bedrooms | $170K | $430K | +152.9% |
5+ Bedrooms | - | - | N/A |
Summary: Loda Township housing prices by bedroom type for February 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 did not change, 4 bedroom homes increased by 152.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Artesia Township | $37.5K | $60.5K | +61.3% |
Loda Township | $170K | $229.5K | +35.0% |
Loda | $170K | $229.5K | +35.0% |
Housing Supply in Loda Township, IL
How many homes are available in Loda Township, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Summary: The Loda Township real estate market had 13 homes for sale in February 2024, a 30.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Loda Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Loda Township in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Loda Township, IL
How long does it take to sell a home in Loda Township, IL?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
14 Days | 30 Days | +117.9% |
Summary: Homes in Loda Township had an average of 30 days on market in Feb 2024, up by 117.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in Loda Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.