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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sandwich Township is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Sandwich Township, IL cost?

Median Sold Price

$249,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$29,000(+13.2%)

Key Takeaway

Homes in Sandwich Township have sold for 13.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $128K-
N/A
2 $157.9K$190K
+20.3%
3 $247.5K$252.4K
+2.0%
4 $213K$299.9K
+40.8%
5+ $240K$269.9K
+12.5%

Median Sold Price Compared To Nearby Cities

Somonauk Township
+19.2%
Little Rock Township
+15.6%
Sandwich Township
+13.2%
Northville Township
+12.9%
Sandwich
+11.3%

How many homes are available in Sandwich Township, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
2931+6.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 14
+300.0%
3 2020
0.0%
4 54
-20.0%
5+ 33
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sandwich Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days25 Days+47.2%

Breakdown of Home Sale Times

5 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

Many homes in Sandwich 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 Sandwich Township, IL

Sandwich Township, IL has 31 homes for sale to choose from. Between October 2022 and November 2022, Sandwich Township, IL real estate market has seen increase in the number of listings by 6.9%. Listings spent 25 days on the market in November 2022, and had a median list price of $249,000 during the same period. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 20.3%, 3 bedrooms properties prices increased by 2%, prices of 4 bedrooms properties went up by 40.8%, the cost of 5 bedrooms properties went up by 12.5%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 300%, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes inventory decreased by 20%, 5 bedrooms homes inventory did not change. While more than 3 listings in Sandwich Township, IL in November 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below.

Related Housing Market Reports