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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stickney Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Stickney Township has remained a Seller's Market.

Key Takeaway

Stickney Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Stickney Township, IL

How much do homes in Stickney Township, IL cost?

Median Sold Price

$285,125

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$19,375(+7.3%)

Key Takeaway

Homes in Stickney Township have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Stickney Township was $285,125 in May 2024, up 7.3% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $72.5K$96K
+32.3%
2 $189K$239.5K
+26.7%
3 $269K$285K
+5.9%
4 $300K$331K
+10.3%
5+ $460K$383.7K
-16.6%

Summary: Stickney Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.3%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 16.6%.

Median Sold Price Compared To Nearby Cities

Summit Argo
+10.3%
Stickney Township
+7.3%
Stickney
+6.8%

Housing Supply in Stickney Township, IL

How many homes are available in Stickney Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
98126+28.6%

Summary: The Stickney Township real estate market had 126 homes for sale in May 2024, a 28.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 1315
+15.4%
3 5870
+20.7%
4 1928
+47.4%
5+ 711
+57.1%

Summary: The Stickney Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes increased by 57.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2324+4.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stickney Township, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Stickney Township in May 2024, up by 4.3% month-over-month. Of the 24 sold homes, 46% were sold under asking, 21% were sold at asking, and 33% were sold over asking.

Days on Market for Stickney Township, IL

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

Average Sale Time

May 2023May 2024CHANGE
25 Days22 Days-11.5%

Summary: Homes in Stickney Township had an average of 22 days on market in May 2024, down by 11.5% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Stickney Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 24 homes were sold in Stickney Township; 79% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 8% 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 1 Day Ago

Newest Listings in Stickney Township, IL

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