Is Glasford, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glasford is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Glasford was a Seller's Market.

Key Takeaway

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

Housing Prices in Glasford, IL

How much do homes in Glasford, IL cost?

Median Sold Price

$225,000

$147/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$25,000(-10.0%)

Key Takeaway

Homes in Glasford have sold for 10% less than they did a month ago.

Summary: The median home sold price in Glasford was $225,000 in November 2024, down 10% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $399K-
N/A
3 $191K-
N/A
4 $385K$225K
-41.6%
5+ $159.9K-
N/A

Summary: Glasford 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 decreased by 41.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Glasford
-10.0%
Timber Township
-29.1%

Housing Supply in Glasford, IL

How many homes are available in Glasford, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
98-11.1%

Summary: The Glasford real estate market had 8 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 42
-50.0%
4 12
+100.0%
5+ 32
-33.3%

Summary: The Glasford 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 increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

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 Glasford, 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 Glasford in November 2024, down by 80.0% month-over-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 Glasford, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
18 Days2 Days-89.4%

Summary: Homes in Glasford had an average of 2 days on market in Nov 2024, down by 89.4% 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 Glasford are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Glasford; 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 Glasford, IL

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