Is Shelbyville 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, Shelbyville Township has remained a Seller's Market.
Housing Prices in Shelbyville Township, IL
How much do homes in Shelbyville Township, IL cost?
Median Sold Price
$92,500
$82/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Shelbyville Township was $92,500 in May 2024, down 32.7% from last month, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $205K | $92.5K | -54.9% |
4 Bedrooms | $70K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Shelbyville Township housing prices by bedroom type for May 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 decreased by 54.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Shelbyville Township | $137.5K | $92.5K | -32.7% |
Shelbyville | $137.5K | $92.5K | -32.7% |
Housing Supply in Shelbyville Township, IL
How many homes are available in Shelbyville Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Summary: The Shelbyville Township real estate market had 3 homes for sale in May 2024, a 25.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shelbyville Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Shelbyville Township in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Shelbyville Township, IL
How long does it take to sell a home in Shelbyville Township, IL?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 Days | 259 Days | +428.6% |
Summary: Homes in Shelbyville Township had an average of 259 days on market in May 2024, up by 428.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Shelbyville Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.