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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Helvetia Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Helvetia Township, IL

How much do homes in Helvetia Township, IL cost?

Median Sold Price

$220,000

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+10.0%)

Key Takeaway

Homes in Helvetia Township have sold for 10% more than they did a year ago.

Summary: The median home sold price in Helvetia Township was $220,000 in October 2024, up 10% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $33K-
N/A
2 $162.9K$210.8K
+29.4%
3 $200.1K$217.5K
+8.7%
4 $268.9K$313K
+16.4%
5+ $225K$300K
+33.3%

Summary: Helvetia Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 33.3%.

Median Sold Price Compared To Nearby Cities

Saint Jacob Township
+47.3%
Highland
+10.7%
Helvetia Township
+10.0%
Saline Township
-6.8%

Housing Supply in Helvetia Township, IL

How many homes are available in Helvetia Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
29290.0%

Summary: The Helvetia Township real estate market had 29 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 69
+50.0%
3 1413
-7.1%
4 75
-28.6%
5+ 11
0.0%

Summary: The Helvetia 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 7.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Helvetia Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Helvetia Township in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Helvetia Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days16 Days-15.7%

Summary: Homes in Helvetia Township had an average of 16 days on market in Oct 2024, down by 15.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 Helvetia Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Helvetia Township; 75% of homes were sold within 30 days, 25% 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 17 Days Ago

Newest Listings in Helvetia Township, IL

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