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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buckhart Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Buckhart Township, IL

How much do homes in Buckhart Township, IL cost?

Median Sold Price

$112,450

$76/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$44,950(+66.6%)

Key Takeaway

Homes in Buckhart Township have sold for 66.6% more than they did a year ago.

Summary: The median home sold price in Buckhart Township was $112,450 in October 2024, up 66.6% from last year, and the median price per square foot was $76.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $57.7K$82K
+42.0%
3 $116.4K$106.9K
-8.2%
4 $23.8K$179.9K
+653.5%
5+ $190K$195K
+2.6%

Summary: Buckhart Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 653.5%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Cities

Buckhart Township
+66.6%
Edinburg
+66.6%
South Fork Township
+25.3%
Taylorville Township
+16.9%

Housing Supply in Buckhart Township, IL

How many homes are available in Buckhart Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
880.0%

Summary: The Buckhart Township real estate market had 8 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 54
-20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Buckhart 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 increased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were 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 Buckhart Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Buckhart Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Buckhart Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days59 Days+44.7%

Summary: Homes in Buckhart Township had an average of 59 days on market in Oct 2024, up by 44.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Buckhart Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 3 Days Ago

Newest Listings in Buckhart Township, IL

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What housing markets are near Buckhart Township, IL?