Is Blue Ridge 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, Blue Ridge Township has remained a Seller's Market.
Housing Prices in Blue Ridge Township, IL
How much do homes in Blue Ridge Township, IL cost?
Median Sold Price
$184,500
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Blue Ridge Township was $184,500 in April 2024, down 7.7% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $38.5K | N/A |
2 Bedrooms | $79.9K | $115K | +43.8% |
3 Bedrooms | $195K | $207.9K | +6.6% |
4 Bedrooms | $211.5K | $221.7K | +4.8% |
5+ Bedrooms | $287K | $95K | -66.9% |
Summary: Blue Ridge 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 43.8%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 66.9%.
Median Sold Price Compared To Nearby Cities
Santa Anna Township | $130K | $155K | +19.2% |
Mansfield | $160.2K | $190K | +18.6% |
Mahomet Township | $330K | $365K | +10.6% |
Blue Ridge Township | $199.9K | $184.5K | -7.7% |
Housing Supply in Blue Ridge Township, IL
How many homes are available in Blue Ridge Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Summary: The Blue Ridge Township real estate market had 8 homes for sale in April 2024, a 11.1% decrease 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 | 2 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Blue Ridge 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Blue Ridge Township in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Blue Ridge Township, IL
How long does it take to sell a home in Blue Ridge Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
307 Days | 15 Days | -95.0% |
Summary: Homes in Blue Ridge Township had an average of 15 days on market in Apr 2024, down by 95% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Blue Ridge Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.