Is Sangamon Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Sangamon Township has remained a Neutral Market.
Housing Prices in Sangamon Township, IL
How much do homes in Sangamon Township, IL cost?
Median Sold Price
$503,792
$231/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Sangamon Township was $503,792 in March 2024, up 101.5% from last month, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $140K | - | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | $360K | $503.7K | +39.9% |
5+ Bedrooms | - | - | N/A |
Summary: Sangamon 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 increased by 39.9%, and 5+ bedroom homes did not change.
Housing Supply in Sangamon Township, IL
How many homes are available in Sangamon Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Summary: The Sangamon Township real estate market had 12 homes for sale in March 2024, a 7.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sangamon 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Sangamon Township in March 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Sangamon Township, IL
How long does it take to sell a home in Sangamon Township, IL?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 71 Days | +11.7% |
Summary: Homes in Sangamon Township had an average of 71 days on market in Mar 2024, up by 11.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Sangamon Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.