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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mazon Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mazon Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mazon Township, IL

How much do homes in Mazon Township, IL cost?

Median Sold Price

$148,450

$112/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$19,800(-11.8%)

Key Takeaway

Homes in Mazon Township have sold for 11.8% less than they did a month ago.

Summary: The median home sold price in Mazon Township was $148,450 in April 2024, down 11.8% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $168.2K$166.9K
-0.8%
4 -$130K
N/A
5+ --
N/A

Summary: Mazon 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 did not change, 3 bedroom homes decreased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mazon Township
-11.8%
Mazon
-11.8%

Housing Supply in Mazon Township, IL

How many homes are available in Mazon Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
53-40.0%

Summary: The Mazon Township real estate market had 3 homes for sale in April 2024, a 40.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 31
-66.7%
4 11
0.0%
5+ 11
0.0%

Summary: The Mazon 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 decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mazon Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mazon Township in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Mazon Township, IL

How long does it take to sell a home in Mazon Township, IL?

Average Sale Time

Mar 2024Apr 2024CHANGE
67 Days19 Days-71.9%

Summary: Homes in Mazon Township had an average of 19 days on market in Apr 2024, down by 71.9% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Mazon 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.

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

Report Updated 10 Days Ago

Newest Listings in Mazon Township, IL

Nearby Markets to Mazon Township, IL