Is Saint Charles Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Saint Charles Township has remained a Seller's Market.
Housing Prices in Saint Charles Township, IL
How much do homes in Saint Charles Township, IL cost?
Median Sold Price
$437,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Saint Charles Township was $437,000 in March 2024, up 4.8% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $192K | $168.5K | -12.2% |
2 Bedrooms | $275K | $306.5K | +11.4% |
3 Bedrooms | $350.3K | $365K | +4.2% |
4 Bedrooms | $539.9K | $565.5K | +4.7% |
5+ Bedrooms | $630K | $683K | +8.4% |
Summary: Saint Charles Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
South Elgin | $294.6K | $353K | +19.8% |
Geneva Township | $408.3K | $450K | +10.2% |
Saint Charles Township | $417K | $437K | +4.8% |
Saint Charles | $372.7K | $389.9K | +4.6% |
Housing Supply in Saint Charles Township, IL
How many homes are available in Saint Charles Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
132 | 170 | +28.8% |
Summary: The Saint Charles Township real estate market had 170 homes for sale in March 2024, a 28.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 17 | 24 | +41.2% |
3 Bedrooms | 37 | 49 | +32.4% |
4 Bedrooms | 59 | 69 | +16.9% |
5+ Bedrooms | 18 | 27 | +50.0% |
Summary: The Saint Charles 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 increased by 41.2%, 3 bedroom homes increased by 32.4%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 46 | +142.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in Saint Charles Township in March 2024, up by 142.1% month-over-month. Of the 46 sold homes, 37% were sold under asking, 9% were sold at asking, and 54% were sold over asking.
Days on Market for Saint Charles Township, IL
How long does it take to sell a home in Saint Charles Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 27 Days | -48.7% |
Summary: Homes in Saint Charles Township had an average of 27 days on market in Mar 2024, down by 48.7% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 46 homes were sold in Saint Charles Township; 72% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.