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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing White Oak Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

How much do homes in White Oak Township, IL cost?

Median Sold Price

$252,500

$131/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

+$187,500(+288.5%)

Key Takeaway

Homes in White Oak Township have sold for 288.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 --
N/A
2 --
N/A
3 $80K$252.5K
+215.6%
4 $50K-
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

White Oak Township
+288.5%
Carlock
+288.5%
Carlock
+175.0%

How many homes are available in White Oak Township, IL?

Number of Homes For Sale

Dec 2022Jan 2023%
75-28.6%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 21
-50.0%
5+ 11
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
220.0%

Asking Price vs. Sold Price

0 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 White Oak Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Dec 2022Jan 2023%
6 Days4 Days-33.3%

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 White Oak Township are selling fast, if you're buying plan to act quickly.

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

About White Oak Township, IL

White Oak Township, IL has 5 homes on the market. The number of listings in White Oak Township, IL decreased by 28.6% between December 2022 and January 2023. In January 2023, listings were on the market for 4 days. During the same period, the median list price in this real estate market was $252,500. Real estate listing prices changed between January 2022 and January 2023: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties prices increased by 215.6%, 4 bedrooms properties became 0% more expensive, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 33.3% less available, 4 bedrooms homes inventory decreased by 50%, 5 bedrooms homes inventory did not change. In January 2023, from all listings sold in White Oak Township, IL there were more than 1 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price.