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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fayetteville Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Fayetteville Township, IL

How much do homes in Fayetteville Township, IL cost?

Median Sold Price

$133,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

-$59,000(-30.7%)

Key Takeaway

Homes in Fayetteville Township have sold for 30.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $192K$133K
-30.7%
4 --
N/A
5+ --
N/A

Summary: Fayetteville Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Fayetteville Township, IL

How many homes are available in Fayetteville Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
330.0%

Summary: The Fayetteville Township real estate market had 3 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Fayetteville 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fayetteville Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Fayetteville Township in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Fayetteville Township, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
36 Days7 Days-80.6%

Summary: Homes in Fayetteville Township had an average of 7 days on market in Oct 2024, down by 80.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Fayetteville Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Fayetteville 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 23 Days Ago

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Newest Listings in Fayetteville Township, IL

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MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System for the period 09/01/2024 - 11/01/2024

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:53:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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