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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glasford is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Glasford has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Glasford, IL

How much do homes in Glasford, IL cost?

Median Sold Price

$133,500

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$42,500(+46.7%)

Key Takeaway

Homes in Glasford have sold for 46.7% more than they did a year ago.

Summary: The median home sold price in Glasford was $133,500 in October 2024, up 46.7% from last year, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$114K
N/A
2 $63K$123.5K
+96.0%
3 $98.5K$135K
+37.1%
4 $415K$189.5K
-54.3%
5+ -$159.9K
N/A

Summary: Glasford 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 increased by 96%, 3 bedroom homes increased by 37.1%, 4 bedroom homes decreased by 54.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Timber Township
+55.2%
Glasford
+46.7%

Housing Supply in Glasford, IL

How many homes are available in Glasford, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1512-20.0%

Summary: The Glasford real estate market had 12 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 95
-44.4%
4 22
0.0%
5+ 23
+50.0%

Summary: The Glasford 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 decreased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glasford, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Glasford in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% 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 2023Oct 2024CHANGE
10 Days15 Days+49.2%

Summary: Homes in Glasford had an average of 15 days on market in Oct 2024, up by 49.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was 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 October 2024, 6 homes were sold in Glasford; 83% of homes were sold within 30 days, 17% 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 Glasford, IL

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