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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nunda Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

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

+$20,539(+6.7%)

Key Takeaway

Homes in Nunda Township have sold for 6.7% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $96K$124.9K
+30.1%
2 $215.4K$220K
+2.1%
3 $287.6K$305K
+6.1%
4 $426.2K$455K
+6.7%
5+ $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
+21.3%
Oakwood Hills
+11.2%
Nunda Township
+6.7%
Prairie Grove
-0.4%

Housing Supply in Nunda Township, IL

How many homes are available in Nunda Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
117141+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

# BEDSFeb 2024Mar 2024CHANGE
1 20
-100.0%
2 1619
+18.8%
3 5766
+15.8%
4 3750
+35.1%
5+ 56
+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 2024Mar 2024CHANGE
2538+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nunda Township, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
43 Days23 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 23 Days Ago

Newest Listings in Nunda Township, IL

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What housing markets are near Nunda Township, IL?