Is Sheldon Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Sheldon Township was a Seller's Market.
Housing Prices in Sheldon Township, IL
How much do homes in Sheldon Township, IL cost?
Median Sold Price
$53,000
$60/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sheldon Township was $53,000 in May 2024, down 37.3% from last year, and the median price per square foot was $60.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $75.9K | N/A |
2 Bedrooms | $142.5K | $33K | -76.8% |
3 Bedrooms | $84.5K | $63K | -25.4% |
4 Bedrooms | $45K | $181.5K | +303.3% |
5+ Bedrooms | $87K | $35K | -59.8% |
Summary: Sheldon Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 76.8%, 3 bedroom homes decreased by 25.4%, 4 bedroom homes increased by 303.3%, and 5+ bedroom homes decreased by 59.8%.
Median Sold Price Compared To Nearby Cities
Sheldon | $84K | $53K | -36.9% |
Sheldon Township | $84.5K | $53K | -37.3% |
Housing Supply in Sheldon Township, IL
How many homes are available in Sheldon Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Summary: The Sheldon Township real estate market had 6 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sheldon Township housing inventory by bedroom type for May 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 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
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 Sheldon Township in May 2024, the same as the previous 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 Sheldon Township, IL
How long does it take to sell a home in Sheldon Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
97 Days | 9 Days | -90.7% |
Summary: Homes in Sheldon Township had an average of 9 days on market in May 2024, down by 90.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Sheldon Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.