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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Charles Township is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Saint Charles Township, IL cost?

Median Sold Price

$386,237

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$26,793(+7.5%)

Key Takeaway

Homes in Saint Charles Township have sold for 7.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $189K$200K
+5.8%
2 $227.7K$255K
+12.0%
3 $278.7K$306.5K
+10.0%
4 $425K$484.5K
+14.0%
5+ $575K$725.9K
+26.2%

Median Sold Price Compared To Nearby Cities

Saint Charles
+15.3%
Wayne
+14.8%
South Elgin
+10.7%
Geneva Township
+7.8%
Saint Charles Township
+7.5%

How many homes are available in Saint Charles Township, IL?

Number of Homes For Sale

Apr 2022May 2022%
259284+9.7%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 2728
+3.7%
3 8098
+22.5%
4 111112
+0.9%
5+ 4146
+12.2%

Number of Homes Sold

Apr 2022May 2022%
7075+7.1%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

55 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Charles Township, you could pay more than the asking price. 73.3% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
19 Days33 Days+74.0%

Breakdown of Home Sale Times

67 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Saint Charles Township, IL

Saint Charles Township, IL has 284 homes for sale to choose from. The inventory of homes for sale in Saint Charles Township, IL between April 2022 and May 2022 increased by 9.7%. In May 2022, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $386,237. This housing market listing prices have changed between April 2022 and May 2022: prices of 1 bedroom properties went up by 5.8%, prices of 2 bedrooms properties went up by 12%, 3 bedrooms properties prices increased by 10%, 4 bedrooms properties prices increased by 14%, the cost of 5 bedrooms properties went up by 26.2%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes increased by 3.7%, 3 bedrooms homes became 22.5% more available, number of 4 bedrooms homes increased by 0.9%, the quantity of 5 bedrooms homes went up by 12.2%. Over 55 listings were sold over their listed price in May 2022 in Saint Charles Township, IL. In the same period over 16 listings were sold below the listed price and 4 listings were sold for the listed price.

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