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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Money Creek Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Money Creek Township, IL

How much do homes in Money Creek Township, IL cost?

Median Sold Price

$360,000

$98/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$375,000(-51.0%)

Key Takeaway

Homes in Money Creek Township have sold for 51% less than they did a month ago.

Summary: The median home sold price in Money Creek Township was $360,000 in February 2024, down 51% from last month, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 -$360K
N/A
4 $735K-
N/A
5+ --
N/A

Summary: Money Creek Township housing prices by bedroom type for February 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Money Creek Township, IL

How many homes are available in Money Creek Township, IL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
330.0%

Summary: The Money Creek Township real estate market had 3 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Money Creek Township housing inventory by bedroom type for February 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 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Money Creek Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Money Creek Township in February 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 Money Creek Township, IL

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

Average Sale Time

Jan 2024Feb 2024CHANGE
20 Days68 Days+240.0%

Summary: Homes in Money Creek Township had an average of 68 days on market in Feb 2024, up by 240% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Money Creek Township has remained consistent over time.

Summary: During February 2024, 1 homes were sold in Money Creek Township; 0% of homes were sold within 30 days, 100% 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 28 Days Ago

Newest Listings in Money Creek Township, IL

Nearby Markets to Money Creek Township, IL

What housing markets are near Money Creek Township, IL?