$2,849 Closing Credit*
$239,900
2,058 SqFt
4 Beds
•4 Full Baths
Amanda Nelson, Listing Office: RE/MAX Concepts Bettendorf
Is Geneseo Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Geneseo Township has remained a Seller's Market.
Key Takeaway
Geneseo Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Geneseo Township, IL
How much do homes in Geneseo Township, IL cost?
Median Sold Price
$200,000
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+1.3%)
Key Takeaway
Homes in Geneseo Township have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Geneseo Township was $200,000 in November 2024, up 1.3% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97.5K | - | N/A |
| 2 Bedrooms | $153K | $143.5K | -6.2% |
| 3 Bedrooms | $185.5K | $192.7K | +3.9% |
| 4 Bedrooms | $232.5K | $241K | +3.7% |
| 5+ Bedrooms | $270K | $447.5K | +65.7% |
Summary: Geneseo 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 6.2%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 65.7%.
Median Sold Price Compared To Nearby Cities
| Geneseo Township | $197.5K | $200K | +1.3% |
| Geneseo | $197.5K | $200K | +1.3% |
Housing Supply in Geneseo Township, IL
How many homes are available in Geneseo Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 29 | -19.4% |
Summary: The Geneseo Township real estate market had 29 homes for sale in November 2024, a 19.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 15 | 10 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Geneseo 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 16.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Geneseo Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Geneseo Township in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Geneseo Township, IL
How long does it take to sell a home in Geneseo Township, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 18 Days | -3.6% |
Summary: Homes in Geneseo Township had an average of 18 days on market in Nov 2024, down by 3.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Geneseo Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Geneseo Township; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.