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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stickney Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Stickney Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Stickney Township, IL

How much do homes in Stickney Township, IL cost?

Median Sold Price

$280,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,100(+7.3%)

Key Takeaway

Homes in Stickney Township have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Stickney Township was $280,000 in March 2024, up 7.3% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $73.5K$99K
+34.7%
2 $185K$207.7K
+12.3%
3 $265K$280K
+5.7%
4 $288K$320K
+11.1%
5+ $404K$435K
+7.7%

Summary: Stickney Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.7%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Cities

Summit Argo
+9.6%
Stickney
+8.2%
Stickney Township
+7.3%

Housing Supply in Stickney Township, IL

How many homes are available in Stickney Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
85110+29.4%

Summary: The Stickney Township real estate market had 110 homes for sale in March 2024, a 29.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 1213
+8.3%
3 5266
+26.9%
4 1824
+33.3%
5+ 36
+100.0%

Summary: The Stickney Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2326+13.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stickney Township, you could pay more than the asking price. 42.3% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in Stickney Township in March 2024, up by 13.0% month-over-month. Of the 26 sold homes, 38% were sold under asking, 19% were sold at asking, and 42% were sold over asking.

Days on Market for Stickney Township, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days24 Days-54.5%

Summary: Homes in Stickney Township had an average of 24 days on market in Mar 2024, down by 54.5% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 26 homes were sold in Stickney Township; 81% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 8% 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 25 Days Ago

Newest Listings in Stickney Township, IL

Nearby Markets to Stickney Township, IL

What housing markets are near Stickney Township, IL?