Is Quarry Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Quarry Township is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Quarry Township was a Seller's Market.

Key Takeaway

Quarry Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Quarry Township, IL

How much do homes in Quarry Township, IL cost?

Median Sold Price

$325,000

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$82,500(+34.0%)

Key Takeaway

Homes in Quarry Township have sold for 34% more than they did a year ago.

Summary: The median home sold price in Quarry Township was $325,000 in September 2024, up 34% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $185K-
N/A
2 $245K$215K
-12.2%
3 $270K$359.5K
+33.1%
4 $177.5K$340K
+91.5%
5+ -$223K
N/A

Summary: Quarry Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.2%, 3 bedroom homes increased by 33.1%, 4 bedroom homes increased by 91.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Quarry Township
+34.0%
Grafton
+14.3%
Point
-22.1%

Housing Supply in Quarry Township, IL

How many homes are available in Quarry Township, IL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
13130.0%

Summary: The Quarry Township real estate market had 13 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 66
0.0%
3 45
+25.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The Quarry Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Quarry Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Quarry Township in September 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Quarry Township, IL

How long does it take to sell a home in Quarry Township, IL?

Average Sale Time

Sep 2023Sep 2024CHANGE
27 Days48 Days+77.8%

Summary: Homes in Quarry Township had an average of 48 days on market in Sep 2024, up by 77.8% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Quarry Township has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Quarry 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Quarry Township, IL

Nearby Markets to Quarry Township, IL

What housing markets are near Quarry Township, IL?