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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Annawan Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Annawan Township was a Seller's Market.

Key Takeaway

Annawan Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Annawan Township, IL

How much do homes in Annawan Township, IL cost?

Median Sold Price

$136,750

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$8,250(-5.7%)

Key Takeaway

Homes in Annawan Township have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in Annawan Township was $136,750 in October 2024, down 5.7% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $131K$107.5K
-17.9%
3 $145K$125K
-13.8%
4 $240K$176K
-26.7%
5+ $17K-
N/A

Summary: Annawan Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.9%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes did not change.

Housing Supply in Annawan Township, IL

How many homes are available in Annawan Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Annawan Township real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Annawan Township housing inventory by bedroom type for October 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

Sep 2024Oct 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 Annawan 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 Annawan Township in October 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 Annawan Township, IL

We’re sorry, we don't have information for this market at the moment

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 Annawan Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Annawan 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 23 Days Ago

Newest Listings in Annawan Township, IL

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