Is Helvetia 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, Helvetia Township has remained a Seller's Market.
Key Takeaway
Helvetia Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Helvetia Township, IL
How much do homes in Helvetia Township, IL cost?
Median Sold Price
$205,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Helvetia Township have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Helvetia Township was $205,000 in May 2024, up 7.9% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $33K | N/A |
| 2 Bedrooms | $153K | $180K | +17.6% |
| 3 Bedrooms | $197.5K | $208K | +5.3% |
| 4 Bedrooms | $268.9K | $239.9K | -10.8% |
| 5+ Bedrooms | $215K | $302.5K | +40.7% |
Summary: Helvetia 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 increased by 17.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 40.7%.
Median Sold Price Compared To Nearby Cities
| Highland | $206.2K | $223K | +8.2% |
| Helvetia Township | $190K | $205K | +7.9% |
| Saline Township | $277K | $280K | +1.1% |
| Saint Jacob Township | $240.5K | $227.6K | -5.4% |
Housing Supply in Helvetia Township, IL
How many homes are available in Helvetia Township, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 31 | +14.8% |
Summary: The Helvetia Township real estate market had 31 homes for sale in May 2024, a 14.8% increase 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Helvetia 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Helvetia Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Helvetia Township in May 2024, down by 20.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Helvetia Township, IL
How long does it take to sell a home in Helvetia Township, IL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 50 Days | +31.2% |
Summary: Homes in Helvetia Township had an average of 50 days on market in May 2024, up by 31.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Helvetia Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 8 homes were sold in Helvetia Township; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.