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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sheldon Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Sheldon Township was a Seller's Market.

Key Takeaway

Sheldon Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sheldon Township, IL

How much do homes in Sheldon Township, IL cost?

Median Sold Price

$365,000

$159/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$264,000(+261.4%)

Key Takeaway

Homes in Sheldon Township have sold for 261.4% more than they did a month ago.

Summary: The median home sold price in Sheldon Township was $365,000 in April 2024, up 261.4% from last month, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $101K-
N/A
4 -$365K
N/A
5+ --
N/A

Summary: Sheldon Township housing prices by bedroom type for April 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stockland Township
+363.9%
Sheldon Township
+261.4%
Sheldon
+261.4%
Concord Township
-17.3%

Housing Supply in Sheldon Township, IL

How many homes are available in Sheldon Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
57+40.0%

Summary: The Sheldon Township real estate market had 7 homes for sale in April 2024, a 40.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 22
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Sheldon Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

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 Sheldon Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Sheldon Township in April 2024, the same as the previous 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 Sheldon Township, IL

How long does it take to sell a home in Sheldon Township, IL?

Average Sale Time

Mar 2024Apr 2024CHANGE
43 Days204 Days+374.4%

Summary: Homes in Sheldon Township had an average of 204 days on market in Apr 2024, up by 374.4% 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

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sheldon Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Sheldon 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Sheldon Township, IL

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