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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Eldorado Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in East Eldorado Township, IL

How much do homes in East Eldorado Township, IL cost?

Median Sold Price

$105,000

$78/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$29,000(+38.2%)

Key Takeaway

Homes in East Eldorado Township have sold for 38.2% more than they did a month ago.

Summary: The median home sold price in East Eldorado Township was $105,000 in November 2024, up 38.2% from last month, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $69.5K$61.5K
-11.5%
3 $190K$105K
-44.7%
4 -$225K
N/A
5+ -$155K
N/A

Summary: East Eldorado Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.5%, 3 bedroom homes decreased by 44.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

East Eldorado Township
+38.2%
Eldorado
+38.2%

Housing Supply in East Eldorado Township, IL

How many homes are available in East Eldorado Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1516+6.7%

Summary: The East Eldorado Township real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 57
+40.0%
4 22
0.0%
5+ 11
0.0%

Summary: The East Eldorado 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 16.7%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Eldorado Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in East Eldorado Township in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for East Eldorado Township, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
69 Days25 Days-63.9%

Summary: Homes in East Eldorado Township had an average of 25 days on market in Nov 2024, down by 63.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in East Eldorado Township; 60% of homes were sold within 30 days, 40% 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 23 Days Ago

Newest Listings in East Eldorado Township, IL

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