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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Taylorville Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Taylorville Township, IL

How much do homes in Taylorville Township, IL cost?

Median Sold Price

$124,950

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$25,000(+25.0%)

Key Takeaway

Homes in Taylorville Township have sold for 25% more than they did a year ago.

Summary: The median home sold price in Taylorville Township was $124,950 in March 2024, up 25% from last year, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $38K$48.5K
+27.6%
2 $74.9K$85K
+13.5%
3 $110.2K$139.9K
+26.9%
4 $166K$190K
+14.5%
5+ $264.9K$155.4K
-41.3%

Summary: Taylorville Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.6%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 41.3%.

Median Sold Price Compared To Nearby Cities

Taylorville
+25.1%
Taylorville Township
+25.0%

Housing Supply in Taylorville Township, IL

How many homes are available in Taylorville Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3140+29.0%

Summary: The Taylorville Township real estate market had 40 homes for sale in March 2024, a 29.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1112
+9.1%
3 1622
+37.5%
4 35
+66.7%
5+ 11
0.0%

Summary: The Taylorville 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 9.1%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Taylorville Township, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Taylorville Township in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.

Days on Market for Taylorville Township, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
31 Days27 Days-13.5%

Summary: Homes in Taylorville Township had an average of 27 days on market in Mar 2024, down by 13.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 12 homes were sold in Taylorville Township; 58% of homes were sold within 30 days, 33% 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 24 Days Ago

Newest Listings in Taylorville Township, IL

Nearby Markets to Taylorville Township, IL

What housing markets are near Taylorville Township, IL?