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 seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Helvetia Township, IL

How much do homes in Helvetia Township, IL cost?

Median Sold Price

$217,500

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,537(+7.7%)

Key Takeaway

Homes in Helvetia Township have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Helvetia Township was $217,500 in November 2024, up 7.7% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $33K-
N/A
2 $173.6K$176.2K
+1.5%
3 $206.5K$211K
+2.2%
4 $238.9K$313K
+31.0%
5+ $225K$300K
+33.3%

Summary: Helvetia Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 31%, and 5+ bedroom homes increased by 33.3%.

Median Sold Price Compared To Nearby Cities

Highland
+10.1%
Helvetia Township
+7.7%
Saline Township
+0.9%

Housing Supply in Helvetia Township, IL

How many homes are available in Helvetia Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2735+29.6%

Summary: The Helvetia Township real estate market had 35 homes for sale in November 2024, a 29.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 99
0.0%
3 1215
+25.0%
4 48
+100.0%
5+ 12
+100.0%

Summary: The Helvetia 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Helvetia Township, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Helvetia Township in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 57% were sold at asking, and 29% 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

Nov 2023Nov 2024CHANGE
51 Days37 Days-28.0%

Summary: Homes in Helvetia Township had an average of 37 days on market in Nov 2024, down by 28% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 7 homes were sold in Helvetia Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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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