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 seller's market

Buyer's
Market

Difference Since Last Month

Last month, Guilford Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Guilford Township, IL

How much do homes in Guilford Township, IL cost?

Median Sold Price

$390,000

$209/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$910,000(-70.0%)

Key Takeaway

Homes in Guilford Township have sold for 70% less than they did a month ago.

Summary: The median home sold price in Guilford Township was $390,000 in December 2024, down 70% from last month, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$360K
N/A
3 -$472.3K
N/A
4 -$390K
N/A
5+ $1.3M-
N/A

Summary: Guilford Township housing prices by bedroom type for December 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Thompson Township
-43.2%
Guilford Township
-70.0%

Housing Supply in Guilford Township, IL

How many homes are available in Guilford Township, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1213+8.3%

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

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 56
+20.0%
4 33
0.0%
5+ 10
-100.0%

Summary: The Guilford Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were 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 3 homes were sold or pending in Guilford Township in December 2024, up by 200.0% month-over-month. Of the 3 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

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

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 Guilford Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Guilford Township; 33% 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 4 Days Ago

Newest Listings in Guilford Township, IL

Nearby Markets to Guilford Township, IL