Is Owego Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Owego Township has remained a Seller's Market.
Key Takeaway
Owego Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Owego Township, IL
How much do homes in Owego Township, IL cost?
Median Sold Price
$85,000
$49/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
Key Takeaway
Homes in Owego Township have sold for 45.2% less than they did a month ago.
Summary: The median home sold price in Owego Township was $85,000 in August 2024, down 45.2% from last month, and the median price per square foot was $49.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $85K | N/A |
| 4 Bedrooms | $155K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Owego Township housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Owego Township, IL
How many homes are available in Owego Township, IL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Owego Township real estate market had 1 homes for sale in August 2024, a 50.0% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Owego Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Owego Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Owego Township in August 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Owego Township, IL
How long does it take to sell a home in Owego Township, IL?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 Days | 151 Days | +2920.0% |
Summary: Homes in Owego Township had an average of 151 days on market in Aug 2024, up by 2920% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Owego Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During August 2024, 1 homes were sold in Owego Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
