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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shiloh Township is a neutral's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Shiloh Township was a Seller's Market.

Key Takeaway

Shiloh 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.

How much do homes in Shiloh Township, IL cost?

Median Sold Price

$142,700

$86/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

-$2,300(-1.6%)

Key Takeaway

Homes in Shiloh Township have sold for 1.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $62.7K$102.5K
+63.3%
3 $132.5K$125.5K
-5.3%
4 $192.4K$187K
-2.8%
5+ $670K$276K
-58.8%

Median Sold Price Compared To Nearby Cities

Mount Vernon Township
0.2%
Mount Vernon
0.0%
Shiloh Township
-1.6%

How many homes are available in Shiloh Township, IL?

Number of Homes For Sale

Dec 2022Jan 2023%
2120-4.8%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 33
0.0%
3 1211
-8.3%
4 33
0.0%
5+ 33
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shiloh Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
26 Days26 Days0.2%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Shiloh Township has remained consistent over time.

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

About Shiloh Township, IL

Number of homes for sale in Shiloh Township, IL real estate market have reached 20. The inventory of homes for sale in Shiloh Township, IL between December 2022 and January 2023 decreased by 4.8%. Listings spent 26 days on the market in January 2023, and had a median list price of $142,700 during the same period. Between December 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 63.3%, the cost of 3 bedrooms properties went down by 5.3%, the cost of 4 bedrooms properties went down by 2.8%, prices of 5 bedrooms properties went down by 58.8%. This housing market inventory have changed: 1 bedroom homes did not move, volume of 2 bedrooms homes stayed the same, volume of 3 bedrooms homes went down by 8.3%, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes have not changed. Over 1 listings were sold over their listed price in January 2023 in Shiloh Township, IL. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price.

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