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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ursa Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ursa Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ursa Township, IL

How much do homes in Ursa Township, IL cost?

Median Sold Price

$128,950

$87/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$91,050(-41.4%)

Key Takeaway

Homes in Ursa Township have sold for 41.4% less than they did a month ago.

Summary: The median home sold price in Ursa Township was $128,950 in April 2024, down 41.4% from last month, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$112.9K
N/A
3 -$145K
N/A
4 $220K-
N/A
5+ --
N/A

Summary: Ursa Township 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ursa Township
-41.4%
Ursa
-41.4%

Housing Supply in Ursa Township, IL

How many homes are available in Ursa Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
550.0%

Summary: The Ursa Township real estate market had 5 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 13
+200.0%
4 20
-100.0%
5+ 00
0.0%

Summary: The Ursa Township 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 increased by 200%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Ursa Township in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Ursa Township, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
82 Days2 Days-97.6%

Summary: Homes in Ursa Township had an average of 2 days on market in Apr 2024, down by 97.6% compared to last month.

Breakdown of Home Sale Times

2 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 Ursa Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Ursa 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.

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

Report Updated 9 Days Ago

Newest Listings in Ursa Township, IL

Nearby Markets to Ursa Township, IL