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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Camargo Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Camargo Township was a Seller's Market.

Key Takeaway

Camargo Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Camargo Township, IL

How much do homes in Camargo Township, IL cost?

Median Sold Price

$238,500

$164/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$54,500(+29.6%)

Key Takeaway

Homes in Camargo Township have sold for 29.6% more than they did a month ago.

Summary: The median home sold price in Camargo Township was $238,500 in December 2024, up 29.6% from last month, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $147K$238.5K
+62.2%
4 $192K-
N/A
5+ --
N/A

Summary: Camargo Township housing prices by bedroom type for December 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 62.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Camargo Township
+29.6%
Villa Grove
+29.6%

Housing Supply in Camargo Township, IL

How many homes are available in Camargo Township, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1411-21.4%

Summary: The Camargo Township real estate market had 11 homes for sale in December 2024, a 21.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 97
-22.2%
4 32
-33.3%
5+ 11
0.0%

Summary: The Camargo Township housing inventory by bedroom type for December 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 22.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
31-66.7%

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 Camargo 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 Camargo Township in December 2024, down by 66.7% 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 Camargo Township, IL

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

Average Sale Time

Nov 2024Dec 2024CHANGE
22 Days4 Days-81.8%

Summary: Homes in Camargo Township had an average of 4 days on market in Dec 2024, down by 81.8% 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 Camargo Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Camargo 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 4 Days Ago

Newest Listings in Camargo Township, IL

Nearby Markets to Camargo Township, IL

What housing markets are near Camargo Township, IL?