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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hickory Point Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Hickory Point Township, IL

How much do homes in Hickory Point Township, IL cost?

Median Sold Price

$166,000

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,000(+3.8%)

Key Takeaway

Homes in Hickory Point Township have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Hickory Point Township was $166,000 in November 2024, up 3.8% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $74K$33.8K
-54.3%
2 $136.2K$160K
+17.4%
3 $139.9K$157.4K
+12.5%
4 $198.8K$195K
-2.0%
5+ $425K$422.5K
-0.6%

Summary: Hickory Point Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.3%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 0.6%.

Median Sold Price Compared To Nearby Cities

Decatur Township
+9.5%
Decatur
+9.1%
Forsyth
+8.1%
Hickory Point Township
+3.8%

Housing Supply in Hickory Point Township, IL

How many homes are available in Hickory Point Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6771+6.0%

Summary: The Hickory Point Township real estate market had 71 homes for sale in November 2024, a 6.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 3437
+8.8%
4 2425
+4.2%
5+ 77
0.0%

Summary: The Hickory Point 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 8.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1422+57.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hickory Point Township, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Hickory Point Township in November 2024, up by 57.1% month-over-month. Of the 22 sold homes, 59% were sold under asking, 14% were sold at asking, and 27% were sold over asking.

Days on Market for Hickory Point Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days20 Days+46.1%

Summary: Homes in Hickory Point Township had an average of 20 days on market in Nov 2024, up by 46.1% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 22 homes were sold in Hickory Point Township; 73% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% 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 Hickory Point Township, IL

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