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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Garden Plain Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Garden Plain Township has remained a Neutral Market.

Key Takeaway

Garden Plain Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Garden Plain Township, IL

How much do homes in Garden Plain Township, IL cost?

Median Sold Price

$580,000

$196/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$350,100(+152.3%)

Key Takeaway

Homes in Garden Plain Township have sold for 152.3% more than they did a month ago.

Summary: The median home sold price in Garden Plain Township was $580,000 in November 2024, up 152.3% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $229.9K-
N/A
3 -$580K
N/A
4 --
N/A
5+ --
N/A

Summary: Garden Plain Township housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Garden Plain Township
+152.3%
Albany
-64.3%

Housing Supply in Garden Plain Township, IL

How many homes are available in Garden Plain Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The Garden Plain Township real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 34
+33.3%
4 33
0.0%
5+ 00
0.0%

Summary: The Garden Plain 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 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Garden Plain Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Days on Market for Garden Plain Township, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
138 Days29 Days-79.0%

Summary: Homes in Garden Plain Township had an average of 29 days on market in Nov 2024, down by 79% 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 Garden Plain Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Garden Plain 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 17 Days Ago

Newest Listings in Garden Plain Township, IL

Nearby Markets to Garden Plain Township, IL

What housing markets are near Garden Plain Township, IL?