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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henderson Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Henderson Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Henderson Township, IL

How much do homes in Henderson Township, IL cost?

Median Sold Price

$170,000

$70/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$19,000(-10.1%)

Key Takeaway

Homes in Henderson Township have sold for 10.1% less than they did a month ago.

Summary: The median home sold price in Henderson Township was $170,000 in December 2024, down 10.1% from last month, and the median price per square foot was $70.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$170K
N/A
4 $189K-
N/A
5+ --
N/A

Summary: Henderson Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Henderson Township, IL

How many homes are available in Henderson Township, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
440.0%

Summary: The Henderson Township real estate market had 4 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Henderson Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henderson Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Henderson Township in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Henderson Township, IL

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

Average Sale Time

Nov 2024Dec 2024CHANGE
184 Days137 Days-25.5%

Summary: Homes in Henderson Township had an average of 137 days on market in Dec 2024, down by 25.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Henderson Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 1 homes were sold in Henderson Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

Newest Listings in Henderson Township, IL

Nearby Markets to Henderson Township, IL

What housing markets are near Henderson Township, IL?