$1,330 Closing Credit*
$112,000
4 Beds
•1 Full Bath, 1 Partial
Listing Office: Vieweg RE/Better Homes & Gardens Real Estate-Service First
Is Blue Mound Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Blue Mound Township was a Buyer's Market.
Key Takeaway
Blue Mound Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blue Mound Township, IL
How much do homes in Blue Mound Township, IL cost?
Median Sold Price
$216,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$21,000(+10.8%)
Key Takeaway
Homes in Blue Mound Township have sold for 10.8% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $195K | $182K | -6.7% |
| 4 Bedrooms | - | $250K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Blue Mound Township housing prices by bedroom type for November 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 decreased by 6.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Blue Mound Township, IL
How many homes are available in Blue Mound Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Blue Mound Township real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Blue Mound 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Blue Mound Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Blue Mound Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Blue Mound Township, IL
How long does it take to sell a home in Blue Mound Township, IL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 45 Days | +246.2% |
Summary: Homes in Blue Mound Township had an average of 45 days on market in Nov 2024, up by 246.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blue Mound Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Blue Mound Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.