Is Chouteau Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chouteau Township has remained a Seller's Market.
Housing Prices in Chouteau Township, IL
How much do homes in Chouteau Township, IL cost?
Median Sold Price
$120,000
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chouteau Township was $120,000 in May 2024, down 4% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $27K | - | N/A |
2 Bedrooms | $75K | $73K | -2.8% |
3 Bedrooms | $133.5K | $120K | -10.1% |
4 Bedrooms | $150K | $165K | +10.0% |
5+ Bedrooms | $290K | $141.5K | -51.2% |
Summary: Chouteau Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 51.2%.
Median Sold Price Compared To Nearby Cities
Pontoon Beach | $150K | $187K | +24.7% |
Granite City | $109.9K | $120K | +9.1% |
South Roxana | $88K | $90K | +2.3% |
Chouteau Township | $125K | $120K | -4.0% |
Housing Supply in Chouteau Township, IL
How many homes are available in Chouteau Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 18 | -21.7% |
Summary: The Chouteau Township real estate market had 18 homes for sale in May 2024, a 21.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 2 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chouteau Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Chouteau Township in May 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Chouteau Township, IL
How long does it take to sell a home in Chouteau Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 18 Days | -51.4% |
Summary: Homes in Chouteau Township had an average of 18 days on market in May 2024, down by 51.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Chouteau Township; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.