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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harter Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Harter Township, IL

How much do homes in Harter Township, IL cost?

Median Sold Price

$95,247

$75/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3(0%)

Key Takeaway

The sold price of homes in Harter Township has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $53.9K$81K
+50.3%
2 $68K$74.9K
+10.2%
3 $115K$112K
-2.6%
4 $168.1K$175K
+4.1%
5+ $165K-
N/A

Summary: Harter Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.3%, 2 bedroom homes increased by 10.2%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Harter Township
0%
Flora
-3.3%

Housing Supply in Harter Township, IL

How many homes are available in Harter Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The Harter Township real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 65
-16.7%
4 21
-50.0%
5+ 11
0.0%

Summary: The Harter 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 increased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harter Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Harter Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Harter Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days11 Days-66.3%

Summary: Homes in Harter Township had an average of 11 days on market in Oct 2024, down by 66.3% compared to last year.

Breakdown of Home Sale Times

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

Summary: During October 2024, 2 homes were sold in Harter 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 20 Days Ago

Newest Listings in Harter Township, IL

Nearby Markets to Harter Township, IL