Housing Prices in Cherry Grove-Shannon Township, IL

How much do homes in Cherry Grove-Shannon Township, IL cost?

Median List Price

$160,000

$104/sqft

Based on all homes listed in December 2024.

Difference Since Last Month

-$18,500(-10.4%)

Key Takeaway

The list price of homes in Cherry Grove-Shannon Township has decreased by 10.4% since November.

Summary: The median home list price in Cherry Grove-Shannon Township was $160,000 in December 2024, down 10.4% from the previous month, and the median price per square foot was $104.

Median List Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $257K$257K
0.0%
3 $100K$130K
+30.0%
4 --
N/A
5+ --
N/A

Summary: Cherry Grove-Shannon 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 30%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Shannon
+30.0%
Cherry Grove-Shannon Township
-10.4%
Rock Creek-Lima Township
-12.0%

Housing Supply in Cherry Grove-Shannon Township, IL

How many homes are available in Cherry Grove-Shannon Township, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
23+50.0%

Summary: The Cherry Grove-Shannon Township real estate market had 3 homes for sale in December 2024, a 50.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 12
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Cherry Grove-Shannon 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Cherry Grove-Shannon Township, IL

How long does it take to sell a home in Cherry Grove-Shannon Township, IL?

Average Listing Age

Nov 2024Dec 2024CHANGE
106 Days89 Days-16.4%

Summary: Homes in Cherry Grove-Shannon Township had an average listing age of 89 days in Dec 2024, down by 16.4% compared to the previous month.

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 Cherry Grove-Shannon Township, IL

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