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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Guilford Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Guilford Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Guilford Township, IL

How much do homes in Guilford Township, IL cost?

Median Sold Price

$345,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$75,750(+28.1%)

Key Takeaway

Homes in Guilford Township have sold for 28.1% more than they did a year ago.

Summary: The median home sold price in Guilford Township was $345,000 in November 2024, up 28.1% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K-
N/A
2 $214.4K$239K
+11.5%
3 $305K$395K
+29.5%
4 $495K$375.7K
-24.1%
5+ $980K$745K
-24.0%

Summary: Guilford 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 increased by 11.5%, 3 bedroom homes increased by 29.5%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes decreased by 24%.

Median Sold Price Compared To Nearby Cities

Guilford Township
+28.1%
East Galena Township
+13.0%

Housing Supply in Guilford Township, IL

How many homes are available in Guilford Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1213+8.3%

Summary: The Guilford Township real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 45
+25.0%
4 44
0.0%
5+ 11
0.0%

Summary: The Guilford 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

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 Guilford 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 Guilford Township in November 2024, up by 100.0% 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 Guilford Township, IL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Guilford Township, IL

Nearby Markets to Guilford Township, IL