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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dale Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Dale Township, IL

How much do homes in Dale Township, IL cost?

Median Sold Price

$360,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,000(+10.8%)

Key Takeaway

Homes in Dale Township have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Dale Township was $360,000 in November 2024, up 10.8% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $163.2K$147.5K
-9.6%
3 $342.5K$260K
-24.1%
4 $362K$427.5K
+18.1%
5+ $390K$180K
-53.8%

Summary: Dale 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 9.6%, 3 bedroom homes decreased by 24.1%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes decreased by 53.8%.

Median Sold Price Compared To Nearby Cities

Dale Township
+10.8%
Bloomington City Township
+6.2%

Housing Supply in Dale Township, IL

How many homes are available in Dale Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
96-33.3%

Summary: The Dale Township real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 75
-28.6%
5+ 00
0.0%

Summary: The Dale 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 50%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 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 Dale 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 3 homes were sold or pending in Dale Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Dale Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days37 Days+164.3%

Summary: Homes in Dale Township had an average of 37 days on market in Nov 2024, up by 164.3% 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 Dale Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Dale 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 17 Days Ago

Newest Listings in Dale Township, IL

Nearby Markets to Dale Township, IL

What housing markets are near Dale Township, IL?