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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brimfield Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Brimfield Township, IL

How much do homes in Brimfield Township, IL cost?

Median Sold Price

$100,000

$122/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$295,000(-74.7%)

Key Takeaway

Homes in Brimfield Township have sold for 74.7% less than they did a month ago.

Summary: The median home sold price in Brimfield Township was $100,000 in October 2024, down 74.7% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$100K
N/A
3 $272K-
N/A
4 $420K-
N/A
5+ $515K-
N/A

Summary: Brimfield Township housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brimfield Township
-74.7%
Brimfield
-74.7%

Housing Supply in Brimfield Township, IL

How many homes are available in Brimfield Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
74-42.9%

Summary: The Brimfield Township real estate market had 4 homes for sale in October 2024, a 42.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 20
-100.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Brimfield 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brimfield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Brimfield Township in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brimfield Township, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
32 Days3 Days-90.7%

Summary: Homes in Brimfield Township had an average of 3 days on market in Oct 2024, down by 90.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Brimfield Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Brimfield 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 16 Days Ago

Newest Listings in Brimfield Township, IL

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