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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Athens Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, New Athens Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in New Athens Township, IL

How much do homes in New Athens Township, IL cost?

Median Sold Price

$155,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$35,750(+30.0%)

Key Takeaway

Homes in New Athens Township have sold for 30% more than they did a year ago.

Summary: The median home sold price in New Athens Township was $155,000 in May 2024, up 30% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $95K$134.5K
+41.6%
3 $129K$155K
+20.2%
4 $123.5K$415K
+236.0%
5+ $150K$95K
-36.7%

Summary: New Athens 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 41.6%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 236%, and 5+ bedroom homes decreased by 36.7%.

Median Sold Price Compared To Nearby Cities

New Athens Township
+30.0%
New Athens
+30.0%
Freeburg Township
+16.2%

Housing Supply in New Athens Township, IL

How many homes are available in New Athens Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
34+33.3%

Summary: The New Athens Township real estate market had 4 homes for sale in May 2024, a 33.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The New Athens 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Athens Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in New Athens Township in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for New Athens Township, IL

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

Average Sale Time

May 2023May 2024CHANGE
131 Days47 Days-64.1%

Summary: Homes in New Athens Township had an average of 47 days on market in May 2024, down by 64.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in New Athens Township has remained consistent over time.

Summary: During May 2024, 1 homes were sold in New Athens Township; 0% of homes were sold within 30 days, 100% 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 1 Day Ago

Newest Listings in New Athens Township, IL

Nearby Markets to New Athens Township, IL

What housing markets are near New Athens Township, IL?