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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrisburg Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Harrisburg Township, IL

How much do homes in Harrisburg Township, IL cost?

Median Sold Price

$81,250

$57/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,250(-6.1%)

Key Takeaway

Homes in Harrisburg Township have sold for 6.1% less than they did a year ago.

Summary: The median home sold price in Harrisburg Township was $81,250 in October 2024, down 6.1% from last year, and the median price per square foot was $57.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $75K$12.5K
-83.3%
2 $60K$57.5K
-4.2%
3 $92.5K$94.4K
+2.1%
4 $157K$142K
-9.6%
5+ $119.5K$28K
-76.6%

Summary: Harrisburg Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 83.3%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes decreased by 76.6%.

Median Sold Price Compared To Nearby Cities

Harrisburg
-2.1%
Harrisburg Township
-6.1%

Housing Supply in Harrisburg Township, IL

How many homes are available in Harrisburg Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4847-2.1%

Summary: The Harrisburg Township real estate market had 47 homes for sale in October 2024, a 2.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 2020
0.0%
3 1718
+5.9%
4 65
-16.7%
5+ 33
0.0%

Summary: The Harrisburg Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harrisburg Township, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Harrisburg Township in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.

Days on Market for Harrisburg Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
77 Days40 Days-47.3%

Summary: Homes in Harrisburg Township had an average of 40 days on market in Oct 2024, down by 47.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Harrisburg Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Harrisburg Township; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in Harrisburg Township, IL

Nearby Markets to Harrisburg Township, IL

What housing markets are near Harrisburg Township, IL?