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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Squaw Grove Township is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Squaw Grove 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 Squaw Grove Township, IL

How much do homes in Squaw Grove Township, IL cost?

Median Sold Price

$305,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$23,375(+8.3%)

Key Takeaway

Homes in Squaw Grove Township have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Squaw Grove Township was $305,000 in March 2024, up 8.3% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $251.2K$286.2K
+13.9%
4 $366K$360K
-1.6%
5+ $330K$297K
-10.0%

Summary: Squaw Grove 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 did not change, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 10%.

Median Sold Price Compared To Nearby Cities

Squaw Grove Township
+8.3%
Hinckley
+6.6%
Clinton Township
-7.1%

Housing Supply in Squaw Grove Township, IL

How many homes are available in Squaw Grove Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1012+20.0%

Summary: The Squaw Grove Township real estate market had 12 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 58
+60.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The Squaw Grove 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 remained the same, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Squaw Grove Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Squaw Grove Township in March 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Squaw Grove Township, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
78 Days55 Days-29.6%

Summary: Homes in Squaw Grove Township had an average of 55 days on market in Mar 2024, down by 29.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in Squaw Grove Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Squaw Grove Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 18 Days Ago

Newest Listings in Squaw Grove Township, IL

Nearby Markets to Squaw Grove Township, IL

What housing markets are near Squaw Grove Township, IL?