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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shipman Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Shipman Township has remained a Seller's Market.

Key Takeaway

Shipman Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Shipman Township, IL cost?

Median Sold Price

$114,000

$61/sqft

Based on all homes sold in July 2022.

Difference Since Last Month

-$1,000(-0.9%)

Key Takeaway

Homes in Shipman Township have sold for 0.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJun 2022Jul 2022%
1 --
N/A
2 --
N/A
3 -$114K
N/A
4 $115K-
N/A
5+ --
N/A

How many homes are available in Shipman Township, IL?

Number of Homes For Sale

Jun 2022Jul 2022%
54-20.0%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 32
-33.3%
5+ 00
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
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 Shipman Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jun 2022Jul 2022%
23 Days110 Days+378.3%

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

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

About Shipman Township, IL

Homes for sale in Shipman Township, IL have reached 4. In July 2022 in Shipman Township, IL there were 20% less homes for sale than in June 2022. In July 2022, listings were on the market for 110 days. During the same period, the median list price in this real estate market was $114,000. This housing market listing prices have changed between July 2021 and July 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties prices increased by 0%, 4 bedrooms properties prices increased by 0%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes remained the same, 4 bedrooms homes became 33.3% less available, 5 bedrooms homes inventory did not change. Over 0 listings were sold over their listed price in July 2022 in Shipman Township, IL. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.

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