Is Northville Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Northville Township has remained a Seller's Market.
Housing Prices in Northville Township, IL
How much do homes in Northville Township, IL cost?
Median Sold Price
$349,900
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Northville Township was $349,900 in April 2024, up 22.8% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $119.9K | $200K | +66.8% |
2 Bedrooms | $205K | $235.5K | +14.9% |
3 Bedrooms | $282.5K | $315K | +11.5% |
4 Bedrooms | $375K | $402.5K | +7.3% |
5+ Bedrooms | $340K | $615K | +80.9% |
Summary: Northville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.8%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 80.9%.
Median Sold Price Compared To Nearby Cities
Somonauk | $210K | $272.5K | +29.8% |
Somonauk Township | $215K | $276.2K | +28.5% |
Northville Township | $285K | $349.9K | +22.8% |
Sandwich | $247K | $289K | +17.0% |
Housing Supply in Northville Township, IL
How many homes are available in Northville Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 28 | +12.0% |
Summary: The Northville Township real estate market had 28 homes for sale in April 2024, a 12.0% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Northville 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 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Northville Township in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Northville Township, IL
How long does it take to sell a home in Northville Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 31 Days | +162.5% |
Summary: Homes in Northville Township had an average of 31 days on market in Apr 2024, up by 162.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Northville Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.