Is Fulton 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, Fulton Township has remained a Seller's Market.
Housing Prices in Fulton Township, IL
How much do homes in Fulton Township, IL cost?
Median Sold Price
$142,500
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fulton Township was $142,500 in May 2024, up 9.7% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $43K | $87.5K | +103.5% |
2 Bedrooms | $114.7K | $127.5K | +11.1% |
3 Bedrooms | $156.9K | $145.2K | -7.5% |
4 Bedrooms | $130.5K | $200K | +53.3% |
5+ Bedrooms | $192.5K | - | N/A |
Summary: Fulton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 103.5%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 53.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Fulton Township | $129.9K | $142.5K | +9.7% |
Fulton | $129.9K | $142.5K | +9.7% |
Housing Supply in Fulton Township, IL
How many homes are available in Fulton Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 | 18 | -14.3% |
Summary: The Fulton Township real estate market had 18 homes for sale in May 2024, a 14.3% decrease 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 | 6 | +20.0% |
3 Bedrooms | 11 | 7 | -36.4% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fulton 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 increased by 20%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Fulton Township in May 2024, down by 12.5% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Fulton Township, IL
How long does it take to sell a home in Fulton Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 39 Days | +396.4% |
Summary: Homes in Fulton Township had an average of 39 days on market in May 2024, up by 396.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Fulton Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.