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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pecatonica Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Pecatonica Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Pecatonica Township, IL cost?

Median Sold Price

$233,000

$88/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

-$90,500(-28.0%)

Key Takeaway

Homes in Pecatonica Township have sold for 28% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 --
N/A
3 $325K$233K
-28.3%
4 --
N/A
5+ $322K-
N/A

Median Sold Price Compared To Nearby Cities

Rock Run Township
-2.9%
Pecatonica Township
-28.0%

How many homes are available in Pecatonica Township, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
54-20.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 23
+50.0%
5+ 10
-100.0%

Number of Homes Sold

Oct 2022Nov 2022%
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pecatonica Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
33 Days12 Days-64.2%

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

Breakdown of Home Sale Times

Key Takeaway

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

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

About Pecatonica Township, IL

Number of homes for sale in Pecatonica Township, IL real estate market have reached 4. The number of listings in Pecatonica Township, IL decreased by 20% between October 2022 and November 2022. In November 2022 median list price was $233,000 and the average listing age was 12 days. From November 2021 through November 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices decreased by 28.3%, 4 bedrooms properties became 0% more expensive, the cost of 5 bedrooms properties went up by 0%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went down by 50%, volume of 4 bedrooms homes went up by 50%, the quantity of 5 bedrooms homes went down by 100%. Over 0 listings were sold over their listed price in November 2022 in Pecatonica Township, IL. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.