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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coal Valley Township is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Coal Valley Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Coal Valley Township, IL

How much do homes in Coal Valley Township, IL cost?

Median Sold Price

$266,000

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$46,000(+20.9%)

Key Takeaway

Homes in Coal Valley Township have sold for 20.9% more than they did a year ago.

Summary: The median home sold price in Coal Valley Township was $266,000 in December 2024, up 20.9% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $77.5K-
N/A
2 $106K$121.9K
+15.0%
3 $225K$259.5K
+15.3%
4 $280K$330K
+17.9%
5+ $410K$433K
+5.6%

Summary: Coal Valley Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Cities

Coal Valley Township
+20.9%
Blackhawk Township
+20.1%
Coal Valley
+18.7%
South Moline Township
+6.5%
Moline
0.2%

Housing Supply in Coal Valley Township, IL

How many homes are available in Coal Valley Township, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
18180.0%

Summary: The Coal Valley Township real estate market had 18 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 910
+11.1%
4 55
0.0%
5+ 10
-100.0%

Summary: The Coal Valley 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 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

4 Homes Were 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 Coal Valley Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Coal Valley Township in December 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Coal Valley Township, IL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
19 Days40 Days+109.5%

Summary: Homes in Coal Valley Township had an average of 40 days on market in Dec 2024, up by 109.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Coal Valley Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in Coal Valley Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 Coal Valley Township, IL

Nearby Markets to Coal Valley Township, IL

What housing markets are near Coal Valley Township, IL?