Is Manito Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Manito Township has remained a Seller's Market.
Key Takeaway
Manito Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manito Township, IL
How much do homes in Manito Township, IL cost?
Median Sold Price
$149,100
$86/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Manito Township have sold for 54.1% more than they did a year ago.
Summary: The median home sold price in Manito Township was $149,100 in April 2024, up 54.1% from last year, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $49.9K | $80K | +60.2% |
| 2 Bedrooms | $50K | $128K | +156.1% |
| 3 Bedrooms | $140.9K | $148.5K | +5.4% |
| 4 Bedrooms | $124.2K | $159.9K | +28.7% |
| 5+ Bedrooms | $225.5K | $250K | +10.9% |
Summary: Manito Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.2%, 2 bedroom homes increased by 156.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 28.7%, and 5+ bedroom homes increased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Manito | $93.5K | $150K | +60.4% |
| Manito Township | $96.7K | $149.1K | +54.1% |
| Manito | $115K | $150K | +30.4% |
Housing Supply in Manito Township, IL
How many homes are available in Manito Township, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Manito Township real estate market had 8 homes for sale in April 2024, a 14.3% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Manito 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Manito Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Manito Township in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Manito Township, IL
How long does it take to sell a home in Manito Township, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 32 Days | 5 Days | -82.9% |
Summary: Homes in Manito Township had an average of 5 days on market in Apr 2024, down by 82.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manito Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Manito Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.