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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yellowhead Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Yellowhead Township, IL

How much do homes in Yellowhead Township, IL cost?

Median Sold Price

$293,750

$195/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

+$201,500(+218.4%)

Key Takeaway

Homes in Yellowhead Township have sold for 218.4% more than they did a month ago.

Summary: The median home sold price in Yellowhead Township was $293,750 in June 2024, up 218.4% from last month, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 $92.2K-
N/A
2 $62K$250K
+303.2%
3 $242K$337.5K
+39.5%
4 --
N/A
5+ --
N/A

Summary: Yellowhead Township housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 303.2%, 3 bedroom homes increased by 39.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Yellowhead Township, IL

How many homes are available in Yellowhead Township, IL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
118-27.3%

Summary: The Yellowhead Township real estate market had 8 homes for sale in June 2024, a 27.3% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 10
-100.0%
2 21
-50.0%
3 55
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Yellowhead Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
32-33.3%

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

Summary: A total of 2 homes were sold or pending in Yellowhead Township in June 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Yellowhead Township, IL

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

Average Sale Time

May 2024Jun 2024CHANGE
83 Days21 Days-74.9%

Summary: Homes in Yellowhead Township had an average of 21 days on market in Jun 2024, down by 74.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Yellowhead Township are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 2 homes were sold in Yellowhead Township; 50% of homes were sold within 30 days, 50% 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 19 Days Ago

Newest Listings in Yellowhead Township, IL

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