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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barry Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Barry Township, IL

How much do homes in Barry Township, IL cost?

Median Sold Price

$180,000

$114/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$142,000(+373.7%)

Key Takeaway

Homes in Barry Township have sold for 373.7% more than they did a month ago.

Summary: The median home sold price in Barry Township was $180,000 in October 2024, up 373.7% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $38K$180K
+373.7%
4 --
N/A
5+ --
N/A

Summary: Barry 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 increased by 373.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Barry Township, IL

How many homes are available in Barry Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
42-50.0%

Summary: The Barry Township real estate market had 2 homes for sale in October 2024, a 50.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Barry 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

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 Barry 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 Barry 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 Barry Township, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
144 Days130 Days-9.7%

Summary: Homes in Barry Township had an average of 130 days on market in Oct 2024, down by 9.7% 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 Barry Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Barry 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 18 Days Ago

Newest Listings in Barry Township, IL

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