$5,463 Closing Credit*
$460,000
3,759 SqFt
3 Beds
•3 Full Baths
Jim Fulgenzi, Listing Office: RE/MAX Professionals
Is Fancy Creek Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Fancy Creek Township has remained a Seller's Market.
Key Takeaway
Fancy Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fancy Creek Township, IL
How much do homes in Fancy Creek Township, IL cost?
Median Sold Price
$256,500
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$33,400(-11.5%)
Key Takeaway
Homes in Fancy Creek Township have sold for 11.5% less than they did a year ago.
Summary: The median home sold price in Fancy Creek Township was $256,500 in October 2024, down 11.5% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $99.9K | $167.5K | +67.7% |
| 3 Bedrooms | $262.4K | $255K | -2.8% |
| 4 Bedrooms | $304.9K | $350.7K | +15.0% |
| 5+ Bedrooms | $450.5K | $379.9K | -15.7% |
Summary: Fancy Creek 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 increased by 67.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Cities
| Athens South No. 1 | $134.5K | $244.9K | +82.1% |
| Gardner Township | $242K | $245K | +1.2% |
| Athens North No. 2 | $180K | $174.9K | -2.8% |
| Fancy Creek Township | $289.9K | $256.5K | -11.5% |
Housing Supply in Fancy Creek Township, IL
How many homes are available in Fancy Creek Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Summary: The Fancy Creek Township real estate market had 10 homes for sale in October 2024, a 23.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Fancy Creek 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fancy Creek Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Fancy Creek Township in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Fancy Creek Township, IL
How long does it take to sell a home in Fancy Creek Township, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 1 Days | -87.6% |
Summary: Homes in Fancy Creek Township had an average of 1 days on market in Oct 2024, down by 87.6% compared to last year.
Breakdown of Home Sale Times
6 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 Fancy Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Fancy Creek 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.