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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Garden Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Green Garden Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Green Garden Township, IL

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

Median Sold Price

$585,000

$187/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$25,000(+4.5%)

Key Takeaway

Homes in Green Garden Township have sold for 4.5% more than they did a month ago.

Summary: The median home sold price in Green Garden Township was $585,000 in November 2024, up 4.5% from last month, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $595K$585K
-1.7%
4 $525K-
N/A
5+ --
N/A

Summary: Green Garden 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 decreased by 1.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Green Garden Township, IL

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The Green Garden Township real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 98
-11.1%
4 34
+33.3%
5+ 21
-50.0%

Summary: The Green Garden 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 remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green Garden Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Green Garden Township in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Green Garden Township, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
29 Days8 Days-70.1%

Summary: Homes in Green Garden Township had an average of 8 days on market in Nov 2024, down by 70.1% compared to last month.

Breakdown of Home Sale Times

3 Homes Were 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 Green Garden Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Green Garden 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 Green Garden Township, IL

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