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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bonus Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Bonus Township, IL

How much do homes in Bonus Township, IL cost?

Median Sold Price

$237,750

$167/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$47,250(-16.6%)

Key Takeaway

Homes in Bonus Township have sold for 16.6% less than they did a month ago.

Summary: The median home sold price in Bonus Township was $237,750 in November 2024, down 16.6% from last month, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$165K
N/A
3 $231K$310.5K
+34.4%
4 --
N/A
5+ $343.5K-
N/A

Summary: Bonus 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 increased by 34.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bonus Township, IL

How many homes are available in Bonus Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
107-30.0%

Summary: The Bonus Township real estate market had 7 homes for sale in November 2024, a 30.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 64
-33.3%
4 11
0.0%
5+ 20
-100.0%

Summary: The Bonus 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 decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bonus 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 Bonus Township in November 2024, down by 60.0% 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 Bonus Township, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
10 Days13 Days+35.0%

Summary: Homes in Bonus Township had an average of 13 days on market in Nov 2024, up by 35% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Bonus Township; 100% of homes were sold within 30 days, 0% 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 Bonus Township, IL

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What housing markets are near Bonus Township, IL?