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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Quarry Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Quarry Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Quarry Township, IL

How much do homes in Quarry Township, IL cost?

Median Sold Price

$325,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$100,000(+44.4%)

Key Takeaway

Homes in Quarry Township have sold for 44.4% more than they did a year ago.

Summary: The median home sold price in Quarry Township was $325,000 in November 2024, up 44.4% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $219.5K$247.5K
+12.8%
3 $307.5K$359K
+16.7%
4 $177.5K$340K
+91.5%
5+ $151K$262.5K
+73.8%

Summary: Quarry Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 91.5%, and 5+ bedroom homes increased by 73.8%.

Median Sold Price Compared To Nearby Cities

Quarry Township
+44.4%
Grafton
+38.5%

Housing Supply in Quarry Township, IL

How many homes are available in Quarry Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1311-15.4%

Summary: The Quarry Township real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 43
-25.0%
4 23
+50.0%
5+ 21
-50.0%

Summary: The Quarry Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were 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 Quarry Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Quarry Township in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Quarry Township, IL

How long does it take to sell a home in Quarry Township, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
126 Days33 Days-73.4%

Summary: Homes in Quarry Township had an average of 33 days on market in Nov 2024, down by 73.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Quarry Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 11 Days Ago

Newest Listings in Quarry Township, IL

Nearby Markets to Quarry Township, IL

What housing markets are near Quarry Township, IL?