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 seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Camargo Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Camargo Township, IL

How much do homes in Camargo Township, IL cost?

Median Sold Price

$135,000

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+38.5%)

Key Takeaway

Homes in Camargo Township have sold for 38.5% more than they did a year ago.

Summary: The median home sold price in Camargo Township was $135,000 in November 2024, up 38.5% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $69K$69K
0.0%
3 $130.5K$130K
-0.4%
4 $135K$215K
+59.3%
5+ $137.5K$220K
+60.0%

Summary: Camargo 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 did not change, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 59.3%, and 5+ bedroom homes increased by 60%.

Median Sold Price Compared To Nearby Cities

Camargo Township
+38.5%
Villa Grove
+32.4%

Housing Supply in Camargo Township, IL

How many homes are available in Camargo Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1614-12.5%

Summary: The Camargo 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

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 108
-20.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Camargo Township housing inventory by bedroom type for November 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Camargo Township in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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 2023Nov 2024CHANGE
3 Days22 Days+633.3%

Summary: Homes in Camargo Township had an average of 22 days on market in Nov 2024, up by 633.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was 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 November 2024, 3 homes were sold in Camargo Township; 67% of homes were sold within 30 days, 33% 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 2 Days Ago

Newest Listings in Camargo Township, IL

Nearby Markets to Camargo Township, IL

What housing markets are near Camargo Township, IL?