Is Nebraska Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Nebraska Township has remained a Seller's Market.
Housing Prices in Nebraska Township, IL
How much do homes in Nebraska Township, IL cost?
Median Sold Price
$50,000
$38/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Nebraska Township was $50,000 in May 2024, down 37.4% from last month, and the median price per square foot was $38.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $119K | $42.5K | -64.3% |
3 Bedrooms | - | - | N/A |
4 Bedrooms | - | $68K | N/A |
5+ Bedrooms | $40.7K | - | N/A |
Summary: Nebraska Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 64.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Nebraska Township | $79.8K | $50K | -37.4% |
Flanagan | $79.8K | $50K | -37.4% |
Housing Supply in Nebraska Township, IL
How many homes are available in Nebraska Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Summary: The Nebraska Township real estate market had 6 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 | 4 | -20.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Nebraska 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Nebraska Township in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Nebraska Township, IL
How long does it take to sell a home in Nebraska Township, IL?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
21 Days | 109 Days | +410.7% |
Summary: Homes in Nebraska Township had an average of 109 days on market in May 2024, up by 410.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Nebraska Township; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.