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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evans Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Evans Township, IL

How much do homes in Evans Township, IL cost?

Median Sold Price

$99,000

$66/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,000(-20.2%)

Key Takeaway

Homes in Evans Township have sold for 20.2% less than they did a year ago.

Summary: The median home sold price in Evans Township was $99,000 in October 2024, down 20.2% from last year, and the median price per square foot was $66.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$39.1K
N/A
2 $104.7K$79K
-24.6%
3 $157.5K$114K
-27.6%
4 $130K$113K
-13.1%
5+ --
N/A

Summary: Evans 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 24.6%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wenona
-16.9%
Toluca
-19.5%
Evans Township
-20.2%
Wenona
-20.5%

Housing Supply in Evans Township, IL

How many homes are available in Evans Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The Evans Township real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 46
+50.0%
4 20
-100.0%
5+ 00
0.0%

Summary: The Evans 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 50%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

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 Evans 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 Evans Township in October 2024, up by 50.0% 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 Evans Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days8 Days-81.2%

Summary: Homes in Evans Township had an average of 8 days on market in Oct 2024, down by 81.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Evans 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Evans Township, IL

Nearby Markets to Evans Township, IL