Is Proviso Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$300,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Proviso Township was $300,000 in June 2024, up 5.9% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $132.5K | +6.0% |
2 Bedrooms | $241.3K | $256.7K | +6.4% |
3 Bedrooms | $295K | $313.1K | +6.2% |
4 Bedrooms | $315K | $352.9K | +12.1% |
5+ Bedrooms | $375K | $399.9K | +6.7% |
Summary: Proviso Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 6.7%.
Housing Supply in Proviso Township, IL
How many homes are available in Proviso Township, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
454 | 460 | +1.3% |
Summary: The Proviso Township real estate market had 460 homes for sale in June 2024, a 1.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 21 | -8.7% |
2 Bedrooms | 109 | 105 | -3.7% |
3 Bedrooms | 203 | 206 | +1.5% |
4 Bedrooms | 82 | 85 | +3.7% |
5+ Bedrooms | 37 | 43 | +16.2% |
Summary: The Proviso Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 16.2%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
152 | 103 | -32.2% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
54 Homes Were Sold
Over Asking
Summary: A total of 103 homes were sold or pending in Proviso Township in June 2024, down by 32.2% month-over-month. Of the 103 sold homes, 26% were sold under asking, 21% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 21 Days | -18.7% |
Summary: Homes in Proviso Township had an average of 21 days on market in Jun 2024, down by 18.7% compared to last year.
Breakdown of Home Sale Times
87 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During June 2024, 103 homes were sold in Proviso Township; 84% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.