Is Macomb 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, Macomb Township was a Neutral Market.
Housing Prices in Macomb Township, IL
How much do homes in Macomb Township, IL cost?
Median Sold Price
$89,000
$69/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Macomb Township was $89,000 in April 2024, down 34.1% from last month, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $30.5K | N/A |
2 Bedrooms | $67.9K | $89K | +31.1% |
3 Bedrooms | $138.5K | $86.4K | -37.6% |
4 Bedrooms | $232.5K | $115.2K | -50.4% |
5+ Bedrooms | - | - | N/A |
Summary: Macomb 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 increased by 31.1%, 3 bedroom homes decreased by 37.6%, 4 bedroom homes decreased by 50.4%, and 5+ bedroom homes did not change.
Housing Supply in Macomb Township, IL
How many homes are available in Macomb Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 89 | +12.7% |
Summary: The Macomb Township real estate market had 89 homes for sale in April 2024, a 12.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 26 | 27 | +3.8% |
3 Bedrooms | 34 | 33 | -2.9% |
4 Bedrooms | 14 | 19 | +35.7% |
5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Macomb Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 19 | +46.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Macomb Township in April 2024, up by 46.2% month-over-month. Of the 19 sold homes, 84% were sold under asking, 5% were sold at asking, and 11% were sold over asking.
Days on Market for Macomb Township, IL
How long does it take to sell a home in Macomb Township, IL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 72 Days | +23.5% |
Summary: Homes in Macomb Township had an average of 72 days on market in Apr 2024, up by 23.5% compared to last month.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Macomb Township; 58% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.