$5,000
0.14 Acres
Land
Dalton Woolard, Listing Office: Avripas Southern Real Estate
Is Denning Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Denning Township has remained a Seller's Market.
Key Takeaway
Denning Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Denning Township, IL
How much do homes in Denning Township, IL cost?
Median Sold Price
$79,500
$64/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$6,000(-7.0%)
Key Takeaway
Homes in Denning Township have sold for 7% less than they did a year ago.
Summary: The median home sold price in Denning Township was $79,500 in November 2024, down 7% from last year, and the median price per square foot was $64.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $83.2K | $74.5K | -10.5% |
| 3 Bedrooms | $88K | $85K | -3.4% |
| 4 Bedrooms | $62.5K | $131.5K | +110.2% |
| 5+ Bedrooms | $94K | $98K | +4.3% |
Summary: Denning 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 10.5%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 110.2%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| West Frankfort | $86K | $90K | +4.7% |
| Denning Township | $85.5K | $79.5K | -7.0% |
| Six Mile Township | $84K | $68.5K | -18.5% |
Housing Supply in Denning Township, IL
How many homes are available in Denning Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 20 | -9.1% |
Summary: The Denning Township real estate market had 20 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Denning 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 decreased by 25%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Denning Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Denning Township in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 11 Days | -76.4% |
Summary: Homes in Denning Township had an average of 11 days on market in Nov 2024, down by 76.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Denning Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Denning 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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.