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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sangamon Township is a seller's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Sangamon Township was a Neutral Market.

Key Takeaway

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

How much do homes in Sangamon Township, IL cost?

Median Sold Price

$316,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$6,000(+1.9%)

Key Takeaway

Homes in Sangamon Township have sold for 1.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$352K
N/A
2 $370K$126K
-65.9%
3 $311.1K$305K
-2.0%
4 $292.5K$368.9K
+26.1%
5+ $590K$662.5K
+12.3%

Median Sold Price Compared To Nearby Cities

White Heath
+26.6%
Monticello
+19.8%
Monticello Township
+16.7%
Sangamon Township
+1.9%

How many homes are available in Sangamon Township, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
64-33.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 10
-100.0%
3 21
-50.0%
4 32
-33.3%
5+ 01
+100.0%

Number of Homes Sold

Oct 2022Nov 2022%
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sangamon Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
7 Days23 Days+206.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sangamon 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 Sangamon Township, IL

Sangamon Township, IL has 4 homes for sale to choose from. The inventory of homes for sale in Sangamon Township, IL between October 2022 and November 2022 decreased by 33.3%. In November 2022, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $316,000. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices decreased by 65.9%, prices of 3 bedrooms properties went down by 2%, prices of 4 bedrooms properties went up by 26.1%, 5 bedrooms properties prices increased by 12.3%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 100%, 3 bedrooms homes inventory decreased by 50%, 4 bedrooms homes inventory decreased by 33.3%, 5 bedrooms homes inventory increased by 100%. While more than 0 listings in Sangamon Township, IL in November 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.

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