Is Shiloh Valley Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Shiloh Valley Township was a Seller's Market.
Key Takeaway
Shiloh Valley Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shiloh Valley Township, IL
How much do homes in Shiloh Valley Township, IL cost?
Median Sold Price
$360,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Shiloh Valley Township have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Shiloh Valley Township was $360,000 in March 2024, up 13.2% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $121K | $134.5K | +11.2% |
| 3 Bedrooms | $238.5K | $283.9K | +19.0% |
| 4 Bedrooms | $335K | $397.9K | +18.8% |
| 5+ Bedrooms | $419.9K | $417.5K | -0.6% |
Summary: Shiloh Valley 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 11.2%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Cities
| Shiloh | $300K | $345.5K | +15.2% |
| Mascoutah | $246.1K | $280K | +13.7% |
| Shiloh Valley Township | $318K | $360K | +13.2% |
| Mascoutah Township | $246.1K | $273K | +10.9% |
Housing Supply in Shiloh Valley Township, IL
How many homes are available in Shiloh Valley Township, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 35 | +6.1% |
Summary: The Shiloh Valley Township real estate market had 35 homes for sale in March 2024, a 6.1% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Shiloh Valley 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 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 4 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shiloh Valley Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Shiloh Valley Township in March 2024, down by 66.7% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Shiloh Valley Township, IL
How long does it take to sell a home in Shiloh Valley Township, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 106 Days | 103 Days | -2.6% |
Summary: Homes in Shiloh Valley Township had an average of 103 days on market in Mar 2024, down by 2.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Shiloh Valley Township has remained consistent over time.
Summary: During March 2024, 4 homes were sold in Shiloh Valley Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.