Is Hallock 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, Hallock Township has remained a Seller's Market.
Key Takeaway
Hallock Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hallock Township, IL
How much do homes in Hallock Township, IL cost?
Median Sold Price
$268,500
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hallock Township have sold for 18.1% less than they did a year ago.
Summary: The median home sold price in Hallock Township was $268,500 in May 2024, down 18.1% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $309.5K | $230.5K | -25.5% |
| 3 Bedrooms | $282K | $240K | -14.9% |
| 4 Bedrooms | $354K | $270K | -23.7% |
| 5+ Bedrooms | $369.9K | $360.5K | -2.5% |
Summary: Hallock 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 25.5%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 23.7%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Cities
| Chillicothe Township | $140K | $155.7K | +11.2% |
| Chillicothe | $141.5K | $156.4K | +10.5% |
| Hallock Township | $328K | $268.5K | -18.1% |
Housing Supply in Hallock Township, IL
How many homes are available in Hallock Township, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Hallock Township real estate market had 5 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Hallock 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 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hallock Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Hallock Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hallock Township, IL
How long does it take to sell a home in Hallock Township, IL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 74 Days | +175.9% |
Summary: Homes in Hallock Township had an average of 74 days on market in May 2024, up by 175.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hallock Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Hallock Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.