Is Nunda Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Nunda Township has remained a Seller's Market.
Housing Prices in Nunda Township, IL
How much do homes in Nunda Township, IL cost?
Median Sold Price
$329,066
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Nunda Township was $329,066 in March 2024, up 6.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $96K | $124.9K | +30.1% |
2 Bedrooms | $215.4K | $220K | +2.1% |
3 Bedrooms | $287.6K | $305K | +6.1% |
4 Bedrooms | $426.2K | $455K | +6.7% |
5+ Bedrooms | $495.5K | $565K | +14.0% |
Summary: Nunda Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.1%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Cities
Crystal Lake | $285K | $345.5K | +21.3% |
Oakwood Hills | $290K | $322.5K | +11.2% |
Nunda Township | $308.5K | $329K | +6.7% |
Prairie Grove | $494.3K | $492.5K | -0.4% |
Housing Supply in Nunda Township, IL
How many homes are available in Nunda Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
117 | 141 | +20.5% |
Summary: The Nunda Township real estate market had 141 homes for sale in March 2024, a 20.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 16 | 19 | +18.8% |
3 Bedrooms | 57 | 66 | +15.8% |
4 Bedrooms | 37 | 50 | +35.1% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Nunda Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 35.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 38 | +52.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Nunda Township in March 2024, up by 52.0% month-over-month. Of the 38 sold homes, 42% were sold under asking, 18% were sold at asking, and 39% were sold over asking.
Days on Market for Nunda Township, IL
How long does it take to sell a home in Nunda Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 23 Days | -46.4% |
Summary: Homes in Nunda Township had an average of 23 days on market in Mar 2024, down by 46.4% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 38 homes were sold in Nunda Township; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.