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

Housing Market Conditions



Gauge showing Moraine Township is a seller's market


Difference Since November 2021

Since last year, Moraine Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Moraine Township, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2021


Key Takeaway

Homes in Moraine Township have sold for 5.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $171.6K$190K
2 $302.5K$300.5K
3 $440K$495K
4 $675K$737K
5+ $883K$1.0M

Median Sold Price Compared To Nearby Cities

West Deerfield Township
Highland Park
Moraine Township

How many homes are available in Moraine Township, IL?

Number of Homes For Sale

Oct 2022Nov 2022%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 23
2 2325
3 4641
4 4340
5+ 2625

Number of Homes Sold

Oct 2022Nov 2022%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moraine Township, you may be able to get a good deal. 74.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
24 Days38 Days+58.4%

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Moraine Township, IL

Moraine Township, IL has 134 homes for sale to choose from. Between October 2022 and November 2022, Moraine Township, IL real estate market has seen decrease in the number of listings by 4.3%. While the average time on the market in November 2022 was 38 days, the median list price was $599,195. This housing market listing prices have changed between October 2022 and November 2022: the cost of 1 bedroom properties went up by 10.7%, the cost of 2 bedrooms properties went down by 0.7%, 3 bedrooms properties prices increased by 12.5%, 4 bedrooms properties became 9.2% more expensive, prices of 5 bedrooms properties went up by 16.1%. Volume of homes for sale changed: number of 1 bedroom homes increased by 50%, 2 bedrooms homes inventory increased by 8.7%, 3 bedrooms homes inventory decreased by 10.9%, 4 bedrooms homes became 7% less available, 5 bedrooms homes became 3.8% less available. In November 2022 more than 6 listings in Moraine Township, IL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 26 were sold below.

Related Housing Market Reports