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 November 2023

At the same time last year, Evans Township was a Neutral 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

$106,000

$68/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$17,000(-13.8%)

Key Takeaway

Homes in Evans Township have sold for 13.8% less than they did a year ago.

Summary: The median home sold price in Evans Township was $106,000 in November 2024, down 13.8% from last year, and the median price per square foot was $68.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$39.1K
N/A
2 $104.7K$99K
-5.5%
3 $135K$128.7K
-4.6%
4 $133.5K$113K
-15.4%
5+ --
N/A

Summary: Evans 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 5.5%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wenona
-9.2%
Evans Township
-13.8%
Wenona
-13.8%

Housing Supply in Evans Township, IL

How many homes are available in Evans Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
96-33.3%

Summary: The Evans Township real estate market had 6 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 64
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Evans 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 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evans 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 Evans Township in November 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 Evans Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days27 Days+450.0%

Summary: Homes in Evans Township had an average of 27 days on market in Nov 2024, up by 450% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was 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 November 2024, 2 homes were sold in Evans Township; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Evans Township, IL

Nearby Markets to Evans Township, IL