Is Town & Country Homes, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Town & Country Homes is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Town & Country Homes has remained a Seller's Market.

Key Takeaway

Town & Country Homes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Town & Country Homes, IL

How much do homes in Town & Country Homes, IL cost?

Median Sold Price

$500,000

$211/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$18,000(-3.5%)

Key Takeaway

Homes in Town & Country Homes have sold for 3.5% less than they did a month ago.

Summary: The median home sold price in Town & Country Homes was $500,000 in April 2024, down 3.5% from last month, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$368K
N/A
4 $518K$540K
+4.2%
5+ --
N/A

Summary: Town & Country Homes housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes did not change.

Housing Supply in Town & Country Homes, IL

How many homes are available in Town & Country Homes, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
56+20.0%

Summary: The Town & Country Homes real estate market had 6 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Town & Country Homes housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Town & Country Homes, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Town & Country Homes in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Town & Country Homes, IL

How long does it take to sell a home in Town & Country Homes, IL?

Average Sale Time

Mar 2024Apr 2024CHANGE
19 Days3 Days-82.5%

Summary: Homes in Town & Country Homes had an average of 3 days on market in Apr 2024, down by 82.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Town & Country Homes are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Town & Country Homes; 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.

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

Report Updated 7 Days Ago

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