Is Old Town Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Old Town Township was a Seller's Market.
Housing Prices in Old Town Township, IL
How much do homes in Old Town Township, IL cost?
Median Sold Price
$342,450
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Old Town Township was $342,450 in March 2024, down 18% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $69K | N/A |
3 Bedrooms | $400K | $285.2K | -28.7% |
4 Bedrooms | $407.5K | $335K | -17.8% |
5+ Bedrooms | $510K | $500K | -2.0% |
Summary: Old Town Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 28.7%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Cities
Bloomington | $214.5K | $241.8K | +12.7% |
Bloomington City Township | $213.6K | $232K | +8.6% |
Towanda Township | $384.9K | $385.7K | 0.2% |
Old Town Township | $417.5K | $342.4K | -18.0% |
Housing Supply in Old Town Township, IL
How many homes are available in Old Town Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 18 | +38.5% |
Summary: The Old Town Township real estate market had 18 homes for sale in March 2024, a 38.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 7 | +75.0% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Old Town Township housing inventory by bedroom type for March 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 75%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Old Town Township in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Old Town Township, IL
How long does it take to sell a home in Old Town Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 3 Days | -91.9% |
Summary: Homes in Old Town Township had an average of 3 days on market in Mar 2024, down by 91.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Old Town Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.