Is Channahon Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Channahon Township has remained a Seller's Market.
Housing Prices in Channahon Township, IL
How much do homes in Channahon Township, IL cost?
Median Sold Price
$360,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Channahon Township was $360,000 in April 2024, up 6.1% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $244.9K | $265K | +8.2% |
3 Bedrooms | $315K | $345K | +9.5% |
4 Bedrooms | $386K | $411K | +6.5% |
5+ Bedrooms | $397.5K | $375.5K | -5.5% |
Summary: Channahon Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in Channahon Township, IL
How many homes are available in Channahon Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
72 | 72 | 0.0% |
Summary: The Channahon Township real estate market had 72 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 7 | -30.0% |
3 Bedrooms | 37 | 45 | +21.6% |
4 Bedrooms | 22 | 18 | -18.2% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Channahon 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 decreased by 30%, 3 bedroom homes increased by 21.6%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 15 | -34.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Channahon Township in April 2024, down by 34.8% month-over-month. Of the 15 sold homes, 53% were sold under asking, 13% were sold at asking, and 33% were sold over asking.
Days on Market for Channahon Township, IL
How long does it take to sell a home in Channahon Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 28 Days | +101.4% |
Summary: Homes in Channahon Township had an average of 28 days on market in Apr 2024, up by 101.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Channahon Township; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.