Is Seward 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, Seward Township has remained a Seller's Market.
Housing Prices in Seward Township, IL
How much do homes in Seward Township, IL cost?
Median Sold Price
$349,495
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Seward Township was $349,495 in March 2024, up 6.7% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $227K | $262.5K | +15.6% |
3 Bedrooms | $313.2K | $326.2K | +4.1% |
4 Bedrooms | $388.8K | $395K | +1.6% |
5+ Bedrooms | $1.0M | $480K | -54.3% |
Summary: Seward Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 54.3%.
Median Sold Price Compared To Nearby Cities
Minooka | $280K | $320K | +14.3% |
Minooka | $295K | $320K | +8.5% |
Seward Township | $327.6K | $349.4K | +6.7% |
Na-Au-Say Township | $350K | $370.4K | +5.8% |
Housing Supply in Seward Township, IL
How many homes are available in Seward Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Summary: The Seward Township real estate market had 25 homes for sale in March 2024, a 8.7% increase 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 | 1 | 2 | +100.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Seward 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 100%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Seward Township in March 2024, up by 50.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 56% were sold at asking, and 11% were sold over asking.
Days on Market for Seward Township, IL
How long does it take to sell a home in Seward Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 34 Days | +77.1% |
Summary: Homes in Seward Township had an average of 34 days on market in Mar 2024, up by 77.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Seward Township; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.