Is Nunda 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, Nunda Township has remained a Seller's Market.
Housing Prices in Nunda Township, IL
How much do homes in Nunda Township, IL cost?
Median Sold Price
$337,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Nunda Township was $337,000 in May 2024, up 12.3% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $97.5K | $124.9K | +28.1% |
2 Bedrooms | $215K | $225K | +4.7% |
3 Bedrooms | $280K | $314.6K | +12.4% |
4 Bedrooms | $420.8K | $469.9K | +11.7% |
5+ Bedrooms | $496K | $560K | +12.9% |
Summary: Nunda Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.1%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Cities
Crystal Lake | $290.9K | $350K | +20.3% |
Nunda Township | $300K | $337K | +12.3% |
Prairie Grove | $454.4K | $489.9K | +7.8% |
Housing Supply in Nunda Township, IL
How many homes are available in Nunda Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
154 | 170 | +10.4% |
Summary: The Nunda Township real estate market had 170 homes for sale in May 2024, a 10.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 22 | 27 | +22.7% |
3 Bedrooms | 68 | 69 | +1.5% |
4 Bedrooms | 49 | 59 | +20.4% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Nunda Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 52 | +15.6% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Nunda Township in May 2024, up by 15.6% month-over-month. Of the 52 sold homes, 37% were sold under asking, 21% were sold at asking, and 42% were sold over asking.
Days on Market for Nunda Township, IL
How long does it take to sell a home in Nunda Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 28 Days | +5.9% |
Summary: Homes in Nunda Township had an average of 28 days on market in May 2024, up by 5.9% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 52 homes were sold in Nunda Township; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.