Is Manteno Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Manteno Township has remained a Seller's Market.
Housing Prices in Manteno Township, IL
How much do homes in Manteno Township, IL cost?
Median Sold Price
$289,900
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Manteno Township was $289,900 in March 2024, up 1% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $222.5K | $186.8K | -16.0% |
3 Bedrooms | $286.9K | $285K | -0.7% |
4 Bedrooms | $305K | $338.7K | +11.1% |
5+ Bedrooms | $365K | $401.5K | +10.0% |
Summary: Manteno Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
Bourbonnais | $245K | $280K | +14.3% |
Peotone Township | $260K | $295K | +13.5% |
Manteno Township | $286.9K | $289.9K | +1.0% |
Manteno | $289.9K | $273K | -5.8% |
Housing Supply in Manteno Township, IL
How many homes are available in Manteno Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 44 | +29.4% |
Summary: The Manteno Township real estate market had 44 homes for sale in March 2024, a 29.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 15 | 23 | +53.3% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Manteno Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 53.3%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Manteno Township in March 2024, up by 83.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 0% were sold at asking, and 36% were sold over asking.
Days on Market for Manteno Township, IL
How long does it take to sell a home in Manteno Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 42 Days | +4.1% |
Summary: Homes in Manteno Township had an average of 42 days on market in Mar 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Manteno Township; 64% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.