Is Harlem 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, Harlem Township has remained a Seller's Market.
Housing Prices in Harlem Township, IL
How much do homes in Harlem Township, IL cost?
Median Sold Price
$189,900
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Harlem Township was $189,900 in April 2024, up 2.9% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $68.5K | $74K | +8.0% |
2 Bedrooms | $120K | $146.5K | +22.1% |
3 Bedrooms | $180K | $195K | +8.3% |
4 Bedrooms | $256.5K | $251.2K | -2.0% |
5+ Bedrooms | $278K | $315K | +13.3% |
Summary: Harlem Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Cities
Roscoe | $251K | $275K | +9.6% |
Machesney Park | $162K | $170K | +4.9% |
Loves Park | $167K | $173.5K | +3.9% |
Harlem Township | $184.5K | $189.9K | +2.9% |
Housing Supply in Harlem Township, IL
How many homes are available in Harlem Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 63 | +18.9% |
Summary: The Harlem Township real estate market had 63 homes for sale in April 2024, a 18.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 31 | 34 | +9.7% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Harlem 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 increased by 18.2%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 30 | +76.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Harlem Township in April 2024, up by 76.5% month-over-month. Of the 30 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Harlem Township, IL
How long does it take to sell a home in Harlem Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 9 Days | -64.3% |
Summary: Homes in Harlem Township had an average of 9 days on market in Apr 2024, down by 64.3% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in Harlem Township; 97% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.