Is Pecatonica 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, Pecatonica Township has remained a Seller's Market.
Housing Prices in Pecatonica Township, IL
How much do homes in Pecatonica Township, IL cost?
Median Sold Price
$250,000
$104/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Pecatonica Township was $250,000 in February 2024, down 18.4% from last month, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $168K | - | N/A |
3 Bedrooms | - | $239.9K | N/A |
4 Bedrooms | $335.9K | - | N/A |
5+ Bedrooms | - | $395K | N/A |
Summary: Pecatonica Township housing prices by bedroom type for February 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.
Median Sold Price Compared To Nearby Cities
Durand Township | $260K | $358.9K | +38.1% |
Pecatonica | $306.4K | $395K | +28.9% |
Pecatonica Township | $306.4K | $250K | -18.4% |
Burritt Township | $455K | $240K | -47.3% |
Housing Supply in Pecatonica Township, IL
How many homes are available in Pecatonica Township, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Summary: The Pecatonica Township real estate market had 4 homes for sale in February 2024, a 50.0% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 3 | 0 | -100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pecatonica Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Pecatonica Township in February 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Pecatonica Township, IL
How long does it take to sell a home in Pecatonica Township, IL?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
27 Days | 32 Days | +18.8% |
Summary: Homes in Pecatonica Township had an average of 32 days on market in Feb 2024, up by 18.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Pecatonica Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.