Is Towanda Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Towanda Township was a Buyer's Market.
Housing Prices in Towanda Township, IL
How much do homes in Towanda Township, IL cost?
Median Sold Price
$386,400
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Towanda Township was $386,400 in June 2024, up 0.4% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $227.5K | $408K | +79.3% |
3 Bedrooms | $380K | $337.3K | -11.2% |
4 Bedrooms | $390K | $429.7K | +10.2% |
5+ Bedrooms | $400K | - | N/A |
Summary: Towanda Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 79.3%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Normal Township | $217.9K | $250.2K | +14.8% |
Normal | $220K | $250.2K | +13.7% |
Towanda Township | $385K | $386.4K | 0.4% |
Housing Supply in Towanda Township, IL
How many homes are available in Towanda Township, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
13 | 11 | -15.4% |
Summary: The Towanda Township real estate market had 11 homes for sale in June 2024, a 15.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Towanda Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Towanda Township in June 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Towanda Township, IL
How long does it take to sell a home in Towanda Township, IL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 7 Days | -70.2% |
Summary: Homes in Towanda Township had an average of 7 days on market in Jun 2024, down by 70.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 4 homes were sold in Towanda Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.