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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing York Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in York Township, IL

How much do homes in York Township, IL cost?

Median Sold Price

$375,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,000(+2.7%)

Key Takeaway

Homes in York Township have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in York Township was $375,000 in April 2024, up 2.7% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $135K$149.5K
+10.7%
2 $251.3K$285K
+13.4%
3 $350K$367K
+4.9%
4 $613.2K$623.5K
+1.7%
5+ $747.5K$915K
+22.4%

Summary: York Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 22.4%.

Median Sold Price Compared To Nearby Cities

York Township
+2.7%
Oak Brook
+2.2%
Villa Park
+1.6%
Elmhurst
+1.3%
Oakbrook Terrace
-2.4%

Housing Supply in York Township, IL

How many homes are available in York Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
347405+16.7%

Summary: The York Township real estate market had 405 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1813
-27.8%
2 8185
+4.9%
3 113137
+21.2%
4 94121
+28.7%
5+ 4149
+19.5%

Summary: The York Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 27.8%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 28.7%, and 5+ bedroom homes increased by 19.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
100102+2.0%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

43 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in York Township, you may be able to get a good deal. 43.1% of homes here sold below asking price last month.

Summary: A total of 102 homes were sold or pending in York Township in April 2024, up by 2.0% month-over-month. Of the 102 sold homes, 43% were sold under asking, 15% were sold at asking, and 42% were sold over asking.

Days on Market for York Township, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
26 Days18 Days-29.1%

Summary: Homes in York Township had an average of 18 days on market in Apr 2024, down by 29.1% compared to last year.

Breakdown of Home Sale Times

86 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in York Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 102 homes were sold in York Township; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% 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 York Township, IL

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