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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avena Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Avena Township, IL

How much do homes in Avena Township, IL cost?

Median Sold Price

$48,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

-$88,000(-64.7%)

Key Takeaway

Homes in Avena Township have sold for 64.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$48K
N/A
4 $136K-
N/A
5+ --
N/A

Summary: Avena Township housing prices by bedroom type for December 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

Avena Township
-64.7%
Saint Elmo
-64.7%

Housing Supply in Avena Township, IL

How many homes are available in Avena Township, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
45+25.0%

Summary: The Avena Township real estate market had 5 homes for sale in December 2024, a 25.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 22
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Avena Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 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 Avena 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 Avena Township in December 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 Avena Township, IL

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

Average Sale Time

Nov 2024Dec 2024CHANGE
7 Days170 Days+2328.6%

Summary: Homes in Avena Township had an average of 170 days on market in Dec 2024, up by 2328.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Avena Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 1 homes were sold in Avena Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 2 Days Ago

Newest Listings in Avena Township, IL

Nearby Markets to Avena Township, IL