Is South Litchfield Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, South Litchfield Township was a Seller's Market.
Housing Prices in South Litchfield Township, IL
How much do homes in South Litchfield Township, IL cost?
Median Sold Price
$86,000
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Litchfield Township was $86,000 in April 2024, down 1.7% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $82.5K | $72.5K | -12.1% |
3 Bedrooms | $95.6K | $111K | +16.1% |
4 Bedrooms | $42.5K | $414.9K | +876.2% |
5+ Bedrooms | $175K | - | N/A |
Summary: South Litchfield 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 decreased by 12.1%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 876.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Litchfield | $101.2K | $120K | +18.5% |
North Litchfield Township | $130K | $137K | +5.4% |
South Litchfield Township | $87.5K | $86K | -1.7% |
Housing Supply in South Litchfield Township, IL
How many homes are available in South Litchfield Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Summary: The South Litchfield Township real estate market had 8 homes for sale in April 2024, a 20.0% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 2 | 1 | -50.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Litchfield 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 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in South Litchfield Township in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for South Litchfield Township, IL
How long does it take to sell a home in South Litchfield Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
80 Days | 34 Days | -57.5% |
Summary: Homes in South Litchfield Township had an average of 34 days on market in Apr 2024, down by 57.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in South Litchfield Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.