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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alden Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Alden Township, IL

How much do homes in Alden Township, IL cost?

Median Sold Price

$319,000

$254/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$140,900(-30.6%)

Key Takeaway

Homes in Alden Township have sold for 30.6% less than they did a month ago.

Summary: The median home sold price in Alden Township was $319,000 in November 2024, down 30.6% from last month, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $459.9K$319K
-30.6%
4 --
N/A
5+ --
N/A

Summary: Alden 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 decreased by 30.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hebron Township
+30.2%
Hartland Township
+22.9%
Alden Township
-30.6%

Housing Supply in Alden Township, IL

How many homes are available in Alden Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The Alden Township real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Alden 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

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 Alden 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 Alden Township in November 2024, the same as the previous 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 Alden Township, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
9 Days1 Day-88.9%

Summary: Homes in Alden Township had an average of 1 days on market in Nov 2024, down by 88.9% 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 Alden Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Alden 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 Alden Township, IL

Nearby Markets to Alden Township, IL

What housing markets are near Alden Township, IL?