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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dawson Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Dawson Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dawson Township, IL

How much do homes in Dawson Township, IL cost?

Median Sold Price

$302,500

$61/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$127,500(-29.7%)

Key Takeaway

Homes in Dawson Township have sold for 29.7% less than they did a month ago.

Summary: The median home sold price in Dawson Township was $302,500 in October 2024, down 29.7% from last month, and the median price per square foot was $61.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$150K
N/A
3 $480K$392K
-18.3%
4 $240.9K-
N/A
5+ -$455K
N/A

Summary: Dawson Township housing prices by bedroom type for October 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 decreased by 18.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Dawson Township, IL

How many homes are available in Dawson Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
117-36.4%

Summary: The Dawson Township real estate market had 7 homes for sale in October 2024, a 36.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 73
-57.1%
4 22
0.0%
5+ 11
0.0%

Summary: The Dawson 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 decreased by 57.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 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 Dawson Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Dawson Township in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Dawson Township, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
40 Days41 Days+2.8%

Summary: Homes in Dawson Township had an average of 41 days on market in Oct 2024, up by 2.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Dawson Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

Newest Listings in Dawson Township, IL

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