Is Virden Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Virden Township has remained a Seller's Market.
Housing Prices in Virden Township, IL
How much do homes in Virden Township, IL cost?
Median Sold Price
$91,000
$73/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Virden Township was $91,000 in March 2024, down 13.3% from last year, and the median price per square foot was $73.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45.2K | $80K | +76.8% |
2 Bedrooms | $69.9K | $78K | +11.6% |
3 Bedrooms | $125K | $105K | -16.0% |
4 Bedrooms | $184K | $167.4K | -9.0% |
5+ Bedrooms | $62K | $195K | +214.5% |
Summary: Virden Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 76.8%, 2 bedroom homes increased by 11.6%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes increased by 214.5%.
Median Sold Price Compared To Nearby Cities
Auburn Township | $138.4K | $135K | -2.5% |
Virden Township | $105K | $91K | -13.3% |
Virden | $105K | $91K | -13.3% |
Housing Supply in Virden Township, IL
How many homes are available in Virden Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 21 | +50.0% |
Summary: The Virden Township real estate market had 21 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 4 | 8 | +100.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Virden Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Virden Township in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Virden Township, IL
How long does it take to sell a home in Virden Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 62 Days | +0.6% |
Summary: Homes in Virden Township had an average of 62 days on market in Mar 2024, up by 0.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Virden Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.