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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Copley Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Copley Township, IL

How much do homes in Copley Township, IL cost?

Median Sold Price

$450,000

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$238,750(+113.0%)

Key Takeaway

Homes in Copley Township have sold for 113% more than they did a year ago.

Summary: The median home sold price in Copley Township was $450,000 in October 2024, up 113% from last year, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $214.9K$145K
-32.5%
3 $167.5K$559K
+233.7%
4 $545K$393.1K
-27.9%
5+ -$472.5K
N/A

Summary: Copley Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.5%, 3 bedroom homes increased by 233.7%, 4 bedroom homes decreased by 27.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Copley Township
+113.0%
Dahinda
-15.2%

Housing Supply in Copley Township, IL

How many homes are available in Copley Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
21-50.0%

Summary: The Copley Township real estate market had 1 homes for sale in October 2024, a 50.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 00
0.0%
4 00
0.0%
5+ 10
-100.0%

Summary: The Copley Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Copley Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Copley Township in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Copley Township, IL

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

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 Copley Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Copley 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 11 Days Ago

Newest Listings in Copley Township, IL