$451 Closing Credit*
$38,000
2 Beds
•1 Full Bath
Listing Office: Keller Williams Marquee
Is Cahokia 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, Cahokia Township has remained a Seller's Market.
Key Takeaway
Cahokia Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cahokia Township, IL
How much do homes in Cahokia Township, IL cost?
Median Sold Price
$109,950
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,950(+23.5%)
Key Takeaway
Homes in Cahokia Township have sold for 23.5% more than they did a year ago.
Summary: The median home sold price in Cahokia Township was $109,950 in November 2024, up 23.5% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69K | - | N/A |
| 2 Bedrooms | $76.4K | $95K | +24.3% |
| 3 Bedrooms | $110.7K | $160.7K | +45.1% |
| 4 Bedrooms | $226.2K | $113.9K | -49.7% |
| 5+ Bedrooms | $119K | - | N/A |
Summary: Cahokia 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%, 3 bedroom homes increased by 45.1%, 4 bedroom homes decreased by 49.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cahokia Township | $89K | $109.9K | +23.5% |
| Gillespie | $109.5K | $111.9K | +2.2% |
Housing Supply in Cahokia Township, IL
How many homes are available in Cahokia Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The Cahokia Township real estate market had 9 homes for sale in November 2024, a 50.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cahokia Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased 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 |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cahokia Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Cahokia Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cahokia Township, IL
How long does it take to sell a home in Cahokia Township, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 134 Days | 61 Days | -54.1% |
Summary: Homes in Cahokia Township had an average of 61 days on market in Nov 2024, down by 54.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cahokia Township has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Cahokia Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.