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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Greenfield Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Greenfield Township, IL

How much do homes in Greenfield Township, IL cost?

Median Sold Price

$113,500

$113/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$21,500(-15.9%)

Key Takeaway

Homes in Greenfield Township have sold for 15.9% less than they did a month ago.

Summary: The median home sold price in Greenfield Township was $113,500 in October 2024, down 15.9% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $135K$113.5K
-15.9%
4 --
N/A
5+ $178K-
N/A

Summary: Greenfield Township housing prices by bedroom type for October 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 15.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Gardner
+27.3%
Greenfield Township
-15.9%

Housing Supply in Greenfield Township, IL

How many homes are available in Greenfield Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
128-33.3%

Summary: The Greenfield Township real estate market had 8 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 85
-37.5%
4 11
0.0%
5+ 10
-100.0%

Summary: The Greenfield Township 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 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
51-80.0%

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 Greenfield 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 Greenfield Township in October 2024, down by 80.0% month-over-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 Greenfield Township, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
58 Days40 Days-31.5%

Summary: Homes in Greenfield Township had an average of 40 days on market in Oct 2024, down by 31.5% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Greenfield Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Greenfield Township; 0% of homes were sold within 30 days, 100% 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 Greenfield Township, IL

Nearby Markets to Greenfield Township, IL

What housing markets are near Greenfield Township, IL?