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 buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Quarry Township has remained a Buyer's Market.

Key Takeaway

Quarry Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Quarry Township, IL

How much do homes in Quarry Township, IL cost?

Median Sold Price

$203,595

$145/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$45,595(+28.9%)

Key Takeaway

Homes in Quarry Township have sold for 28.9% more than they did a month ago.

Summary: The median home sold price in Quarry Township was $203,595 in March 2024, up 28.9% from last month, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $158K-
N/A
3 -$203.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Quarry Township housing prices by bedroom type for March 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

Quarry Township
+28.9%
Grafton
+28.9%

Housing Supply in Quarry Township, IL

How many homes are available in Quarry Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
910+11.1%

Summary: The Quarry Township real estate market had 10 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 12
+100.0%
5+ 22
0.0%

Summary: The Quarry Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Quarry Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Quarry Township in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Quarry Township, IL

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

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Quarry Township has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Quarry Township; 0% of homes were sold within 30 days, 100% 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 24 Days Ago

Newest Listings in Quarry Township, IL

Nearby Markets to Quarry Township, IL

What housing markets are near Quarry Township, IL?