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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Apple River Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Apple River Township was a Seller's Market.

Key Takeaway

Apple River Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Apple River Township, IL

How much do homes in Apple River Township, IL cost?

Median Sold Price

$555,000

$106/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$170,000(+44.2%)

Key Takeaway

Homes in Apple River Township have sold for 44.2% more than they did a month ago.

Summary: The median home sold price in Apple River Township was $555,000 in October 2024, up 44.2% from last month, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $400K$555K
+38.8%
5+ $370K-
N/A

Summary: Apple River Township housing prices by bedroom type for October 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 increased by 38.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Apple River Township
+44.2%
Apple River
+44.2%
Monticello
+17.9%
Warren Township
-0.3%

Housing Supply in Apple River Township, IL

How many homes are available in Apple River Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The Apple River Township real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 11
0.0%
4 21
-50.0%
5+ 21
-50.0%

Summary: The Apple River 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

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 Apple River 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 Apple River Township in October 2024, down by 50.0% month-over-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 Apple River Township, IL

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

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

Report Updated 13 Days Ago

Newest Listings in Apple River Township, IL

Nearby Markets to Apple River Township, IL