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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackberry Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Blackberry Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Blackberry Township, IL

How much do homes in Blackberry Township, IL cost?

Median Sold Price

$475,000

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+4.4%)

Key Takeaway

Homes in Blackberry Township have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Blackberry Township was $475,000 in October 2024, up 4.4% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$219.9K
+83.3%
2 $245K$289.9K
+18.3%
3 $406K$410K
+1.0%
4 $489.5K$510K
+4.2%
5+ $535K$546.5K
+2.1%

Summary: Blackberry Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.3%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Cities

North Aurora
+15.9%
Campton Township
+13.2%
Blackberry Township
+4.4%
Geneva
+4.3%
Elburn
+3.5%

Housing Supply in Blackberry Township, IL

How many homes are available in Blackberry Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5764+12.3%

Summary: The Blackberry Township real estate market had 64 homes for sale in October 2024, a 12.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 2227
+22.7%
4 2732
+18.5%
5+ 84
-50.0%

Summary: The Blackberry 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 100%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1416+14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blackberry Township, you could pay more than the asking price. 37.5% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Blackberry Township in October 2024, up by 14.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.

Days on Market for Blackberry Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days9 Days-41.4%

Summary: Homes in Blackberry Township had an average of 9 days on market in Oct 2024, down by 41.4% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blackberry Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 16 homes were sold in Blackberry Township; 94% of homes were sold within 30 days, 6% 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 16 Days Ago

Newest Listings in Blackberry Township, IL

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