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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Adams Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Adams Township, IL

How much do homes in Adams Township, IL cost?

Median Sold Price

$225,000

$140/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$330,000(-59.5%)

Key Takeaway

Homes in Adams Township have sold for 59.5% less than they did a month ago.

Summary: The median home sold price in Adams Township was $225,000 in November 2024, down 59.5% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$225K
N/A
4 $555K-
N/A
5+ --
N/A

Summary: Adams Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Leland
-41.0%
Adams Township
-59.5%

Housing Supply in Adams Township, IL

How many homes are available in Adams Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
32-33.3%

Summary: The Adams Township real estate market had 2 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 21
-50.0%
5+ 00
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

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

Days on Market for Adams Township, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
7 Days6 Days-14.3%

Summary: Homes in Adams Township had an average of 6 days on market in Nov 2024, down by 14.3% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Adams 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.

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

Report Updated 17 Days Ago

Newest Listings in Adams Township, IL

Nearby Markets to Adams Township, IL

What housing markets are near Adams Township, IL?