Is Calumet 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, Calumet Township has remained a Neutral Market.
Housing Prices in Calumet Township, IL
How much do homes in Calumet Township, IL cost?
Median Sold Price
$181,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Calumet Township was $181,000 in April 2024, up 6.5% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $47K | $29.5K | -37.2% |
2 Bedrooms | $80K | $100K | +25.0% |
3 Bedrooms | $177K | $185K | +4.5% |
4 Bedrooms | $212.5K | $222K | +4.5% |
5+ Bedrooms | $262K | $240K | -8.4% |
Summary: Calumet Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.2%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Cities
Riverdale | $112.9K | $127.5K | +12.8% |
Calumet Township | $169.9K | $181K | +6.5% |
Thornton Township | $159K | $162.8K | +2.4% |
Calumet Park | $165K | $165K | 0.0% |
Blue Island | $199.9K | $193.4K | -3.2% |
Housing Supply in Calumet Township, IL
How many homes are available in Calumet Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 68 | +28.3% |
Summary: The Calumet Township real estate market had 68 homes for sale in April 2024, a 28.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 14 | 18 | +28.6% |
3 Bedrooms | 22 | 24 | +9.1% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 9 | 14 | +55.6% |
Summary: The Calumet Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Calumet Township in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Calumet Township, IL
How long does it take to sell a home in Calumet Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 67 Days | +23.6% |
Summary: Homes in Calumet Township had an average of 67 days on market in Apr 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Calumet Township; 40% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.