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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fulton Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Fulton Township was a Seller's Market.

Key Takeaway

Fulton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fulton Township, IL

How much do homes in Fulton Township, IL cost?

Median Sold Price

$145,250

$97/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,750(+9.6%)

Key Takeaway

Homes in Fulton Township have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Fulton Township was $145,250 in October 2024, up 9.6% from last year, and the median price per square foot was $97.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $59K-
N/A
2 $127.5K$102.5K
-19.6%
3 $136.5K$147.7K
+8.2%
4 $203.7K$191K
-6.3%
5+ $220K-
N/A

Summary: Fulton 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 19.6%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fulton Township
+9.6%
Fulton
+9.2%

Housing Supply in Fulton Township, IL

How many homes are available in Fulton Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2026+30.0%

Summary: The Fulton Township real estate market had 26 homes for sale in October 2024, a 30.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 46
+50.0%
3 610
+66.7%
4 66
0.0%
5+ 33
0.0%

Summary: The Fulton 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fulton Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Fulton Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Fulton Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days42 Days+36.0%

Summary: Homes in Fulton Township had an average of 42 days on market in Oct 2024, up by 36% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in Fulton Township has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Fulton Township; 33% of homes were sold within 30 days, 67% 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 16 Days Ago

Newest Listings in Fulton Township, IL

Nearby Markets to Fulton Township, IL

What housing markets are near Fulton Township, IL?