$1,009 Closing Credit*
$85,000
975 SqFt
3 Beds
•1 Full Bath
Listing Office: RE/MAX Alliance
Is Chouteau Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Chouteau Township was a Seller's Market.
Key Takeaway
Chouteau Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Chouteau Township, IL
How much do homes in Chouteau Township, IL cost?
Median Sold Price
$123,500
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,500(+2.9%)
Key Takeaway
Homes in Chouteau Township have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Chouteau Township was $123,500 in November 2024, up 2.9% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $27K | - | N/A |
| 2 Bedrooms | $73K | $70K | -4.1% |
| 3 Bedrooms | $135K | $132.8K | -1.6% |
| 4 Bedrooms | $150K | $210K | +40.0% |
| 5+ Bedrooms | $175K | $138K | -21.1% |
Summary: Chouteau 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 decreased by 4.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 21.1%.
Median Sold Price Compared To Nearby Cities
| Pontoon Beach | $178K | $202.9K | +14.0% |
| Granite City | $117K | $124.5K | +6.5% |
| Chouteau Township | $120K | $123.5K | +2.9% |
Housing Supply in Chouteau Township, IL
How many homes are available in Chouteau Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The Chouteau Township real estate market had 18 homes for sale in November 2024, a 5.3% decrease 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chouteau 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 decreased by 16.7%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chouteau Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Chouteau Township in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Chouteau Township, IL
How long does it take to sell a home in Chouteau Township, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 3 Days | -83.1% |
Summary: Homes in Chouteau Township had an average of 3 days on market in Nov 2024, down by 83.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chouteau Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Chouteau 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.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.