Is Seward 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, Seward Township has remained a Seller's Market.
Housing Prices in Seward Township, IL
How much do homes in Seward Township, IL cost?
Median Sold Price
$341,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Seward Township was $341,000 in April 2024, up 3.3% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $227K | $255K | +12.3% |
3 Bedrooms | $315.9K | $327.9K | +3.8% |
4 Bedrooms | $397K | $393.7K | -0.8% |
5+ Bedrooms | $1.0M | $465K | -55.7% |
Summary: Seward 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 12.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 55.7%.
Median Sold Price Compared To Nearby Cities
Minooka | $280K | $320K | +14.3% |
Minooka | $292.5K | $320K | +9.4% |
Na-Au-Say Township | $350K | $372K | +6.3% |
Seward Township | $329.9K | $341K | +3.3% |
Housing Supply in Seward Township, IL
How many homes are available in Seward Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 28 | +12.0% |
Summary: The Seward Township real estate market had 28 homes for sale in April 2024, a 12.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 14 | 10 | -28.6% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Seward 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 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Seward Township in April 2024, up by 10.0% month-over-month. Of the 11 sold homes, 9% were sold under asking, 18% were sold at asking, and 73% were sold over asking.
Days on Market for Seward Township, IL
How long does it take to sell a home in Seward Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 13 Days | -54.6% |
Summary: Homes in Seward Township had an average of 13 days on market in Apr 2024, down by 54.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Seward Township; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.