$3,419 Closing Credit*
$287,900
3 Beds
•3 Full Baths
Listing Office: Equity Realty Group, LLC
Is Breese Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Breese Township has remained a Seller's Market.
Key Takeaway
Breese Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Breese Township, IL
How much do homes in Breese Township, IL cost?
Median Sold Price
$232,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$18,000(-7.2%)
Key Takeaway
Homes in Breese Township have sold for 7.2% less than they did a year ago.
Summary: The median home sold price in Breese Township was $232,000 in November 2024, down 7.2% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $100K | N/A |
| 2 Bedrooms | $154.9K | $192K | +24.0% |
| 3 Bedrooms | $250K | $230K | -8.0% |
| 4 Bedrooms | $275.2K | $254.9K | -7.4% |
| 5+ Bedrooms | $262.5K | $348K | +32.6% |
Summary: Breese 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 increased by 24%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 32.6%.
Median Sold Price Compared To Nearby Cities
| Breese Township | $250K | $232K | -7.2% |
| Breese | $250K | $232K | -7.2% |
Housing Supply in Breese Township, IL
How many homes are available in Breese Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Breese Township real estate market had 14 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 | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Breese Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Breese Township, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Breese Township in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 0% were sold under asking, 57% were sold at asking, and 43% were sold over asking.
Days on Market for Breese Township, IL
How long does it take to sell a home in Breese Township, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 90 Days | 10 Days | -88.0% |
Summary: Homes in Breese Township had an average of 10 days on market in Nov 2024, down by 88% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Breese Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Breese Township; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.