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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blount Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Blount Township, IL

How much do homes in Blount Township, IL cost?

Median Sold Price

$205,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,900(+5.1%)

Key Takeaway

Homes in Blount Township have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Blount Township was $205,000 in November 2024, up 5.1% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $176.4K$145K
-17.8%
3 $182.5K$197.4K
+8.2%
4 $220K$270.8K
+23.1%
5+ $180.5K$345K
+91.1%

Summary: Blount Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.8%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 91.1%.

Median Sold Price Compared To Nearby Cities

Blount Township
+5.1%
Newell Township
-1.7%
Danville
-3.7%

Housing Supply in Blount Township, IL

How many homes are available in Blount Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1617+6.3%

Summary: The Blount Township real estate market had 17 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 99
0.0%
4 56
+20.0%
5+ 00
0.0%

Summary: The Blount Township housing inventory by bedroom type for November 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 increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blount Township, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Blount Township in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Blount Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days49 Days+797.0%

Summary: Homes in Blount Township had an average of 49 days on market in Nov 2024, up by 797% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Blount Township has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Blount Township; 33% of homes were sold within 30 days, 67% 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 21 Days Ago

Newest Listings in Blount Township, IL

Nearby Markets to Blount Township, IL

What housing markets are near Blount Township, IL?