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 neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Harter Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Harter Township, IL

How much do homes in Harter Township, IL cost?

Median Sold Price

$89,900

$75/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,350(-5.6%)

Key Takeaway

Homes in Harter Township have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in Harter Township was $89,900 in November 2024, down 5.6% from last year, and the median price per square foot was $75.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $53.9K$81K
+50.3%
2 $68.9K$74.9K
+8.7%
3 $112K$106.3K
-5.0%
4 $168.1K$175K
+4.1%
5+ $165K-
N/A

Summary: Harter Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.3%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Flora
-3.3%
Harter Township
-5.6%

Housing Supply in Harter Township, IL

How many homes are available in Harter Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1112+9.1%

Summary: The Harter Township real estate market had 12 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 66
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Harter 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harter Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Harter Township in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
19 Days34 Days+74.4%

Summary: Homes in Harter Township had an average of 34 days on market in Nov 2024, up by 74.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During November 2024, 2 homes were sold in Harter Township; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in Harter Township, IL

Nearby Markets to Harter Township, IL