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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Santa Anna Township is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Santa Anna Township, IL

How much do homes in Santa Anna Township, IL cost?

Median Sold Price

$164,900

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$31,000(+23.2%)

Key Takeaway

Homes in Santa Anna Township have sold for 23.2% more than they did a year ago.

Summary: The median home sold price in Santa Anna Township was $164,900 in September 2024, up 23.2% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $113.2K$102.4K
-9.5%
3 $137K$155K
+13.1%
4 $133.9K$235K
+75.5%
5+ -$120K
N/A

Summary: Santa Anna 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 9.5%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 75.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Farmer City
+34.3%
Santa Anna Township
+23.2%

Housing Supply in Santa Anna Township, IL

How many homes are available in Santa Anna Township, IL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
911+22.2%

Summary: The Santa Anna Township real estate market had 11 homes for sale in September 2024, a 22.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 78
+14.3%
4 23
+50.0%
5+ 00
0.0%

Summary: The Santa Anna 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 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
51-80.0%

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 Santa Anna 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 Santa Anna Township in September 2024, down by 80.0% month-over-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 Santa Anna Township, IL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
25 Days37 Days+44.5%

Summary: Homes in Santa Anna Township had an average of 37 days on market in Sep 2024, up by 44.5% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 1 homes were sold in Santa Anna 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 Santa Anna Township, IL

Nearby Markets to Santa Anna Township, IL