$1,164 Closing Credit*
$98,000
880 SqFt
2 Beds
•1 Full Bath
Monica Herzog, Listing Office: House 2 Home Realty Marion
Is Denning Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Denning Township was a Seller's Market.
Key Takeaway
Denning Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Denning Township, IL
How much do homes in Denning Township, IL cost?
Median Sold Price
$84,750
$64/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,850(+6.1%)
Key Takeaway
Homes in Denning Township have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Denning Township was $84,750 in October 2024, up 6.1% from last year, and the median price per square foot was $64.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $79.9K | $76K | -4.9% |
| 3 Bedrooms | $74K | $84.5K | +14.2% |
| 4 Bedrooms | $45.1K | $129.5K | +187.1% |
| 5+ Bedrooms | $94K | $98K | +4.3% |
Summary: Denning 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 4.9%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 187.1%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| West Frankfort | $79.9K | $92K | +15.1% |
| Six Mile Township | $73K | $79K | +8.2% |
| Denning Township | $79.9K | $84.7K | +6.1% |
Housing Supply in Denning Township, IL
How many homes are available in Denning Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 22 | +46.7% |
Summary: The Denning Township real estate market had 22 homes for sale in October 2024, a 46.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 0 | 3 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Denning 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 increased by 33.3%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Denning Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Denning Township in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Denning Township, IL
How long does it take to sell a home in Denning Township, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 109 Days | +282.0% |
Summary: Homes in Denning Township had an average of 109 days on market in Oct 2024, up by 282% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Denning Township has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Denning Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.