Is Mechanicsburg Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Mechanicsburg Township was a Seller's Market.
Housing Prices in Mechanicsburg Township, IL
How much do homes in Mechanicsburg Township, IL cost?
Median Sold Price
$167,450
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mechanicsburg Township was $167,450 in April 2024, up 1.5% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $109K | $104.9K | -3.8% |
3 Bedrooms | $157.5K | $158K | 0.3% |
4 Bedrooms | $172K | $342.5K | +99.1% |
5+ Bedrooms | $850K | $333.7K | -60.7% |
Summary: Mechanicsburg Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 99.1%, and 5+ bedroom homes decreased by 60.7%.
Housing Supply in Mechanicsburg Township, IL
How many homes are available in Mechanicsburg Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Summary: The Mechanicsburg Township real estate market had 6 homes for sale in April 2024, a 50.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Mechanicsburg 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Mechanicsburg Township in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mechanicsburg Township, IL
How long does it take to sell a home in Mechanicsburg Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 10 Days | -84.1% |
Summary: Homes in Mechanicsburg Township had an average of 10 days on market in Apr 2024, down by 84.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Mechanicsburg 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.