Is Proviso Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Proviso Township has remained a Seller's Market.
Housing Prices in Proviso Township, IL
How much do homes in Proviso Township, IL cost?
Median Sold Price
$295,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Proviso Township was $295,000 in April 2024, up 3.5% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $116.5K | $134.9K | +15.8% |
2 Bedrooms | $245K | $249.9K | +2.0% |
3 Bedrooms | $298.5K | $305.5K | +2.3% |
4 Bedrooms | $319.9K | $346.7K | +8.4% |
5+ Bedrooms | $382.5K | $391.9K | +2.5% |
Summary: Proviso Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in Proviso Township, IL
How many homes are available in Proviso Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
455 | 496 | +9.0% |
Summary: The Proviso Township real estate market had 496 homes for sale in April 2024, a 9.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 18 | +38.5% |
2 Bedrooms | 114 | 127 | +11.4% |
3 Bedrooms | 190 | 206 | +8.4% |
4 Bedrooms | 95 | 94 | -1.1% |
5+ Bedrooms | 43 | 51 | +18.6% |
Summary: The Proviso Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 18.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
122 | 131 | +7.4% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
68 Homes Were Sold
Over Asking
Summary: A total of 131 homes were sold or pending in Proviso Township in April 2024, up by 7.4% month-over-month. Of the 130 sold homes, 32% were sold under asking, 16% were sold at asking, and 52% were sold over asking.
Days on Market for Proviso Township, IL
How long does it take to sell a home in Proviso Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 25 Days | -35.4% |
Summary: Homes in Proviso Township had an average of 25 days on market in Apr 2024, down by 35.4% compared to last year.
Breakdown of Home Sale Times
105 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 131 homes were sold in Proviso Township; 80% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.