Is Triumvera, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Triumvera is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Triumvera, IL

How much do homes in Triumvera, IL cost?

Median Sold Price

$219,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$19,001(+9.5%)

Key Takeaway

Homes in Triumvera have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Triumvera was $219,000 in April 2024, up 9.5% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $146K$147K
+0.7%
2 $199K$208.5K
+4.8%
3 $230.2K$239K
+3.8%
4 --
N/A
5+ --
N/A

Summary: Triumvera housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Triumvera, IL

How many homes are available in Triumvera, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
36+100.0%

Summary: The Triumvera real estate market had 6 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 24
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Triumvera 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Triumvera, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Triumvera in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Triumvera, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
76 Days34 Days-55.2%

Summary: Homes in Triumvera had an average of 34 days on market in Apr 2024, down by 55.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 Triumvera are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Triumvera; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 3 Days Ago

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