$3,205 Closing Credit*
$269,900
2,484 SqFt
5 Beds
•5 Full Baths, 1 Partial
Listing Office: Century 21 Reid Baugher Realty
Is Hillsboro Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Hillsboro Township has remained a Seller's Market.
Key Takeaway
Hillsboro Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hillsboro Township, IL
How much do homes in Hillsboro Township, IL cost?
Median Sold Price
$125,000
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,500(+6.4%)
Key Takeaway
Homes in Hillsboro Township have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Hillsboro Township was $125,000 in October 2024, up 6.4% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $28.7K | $40K | +39.1% |
| 2 Bedrooms | $63K | $58K | -7.9% |
| 3 Bedrooms | $160.7K | $149.9K | -6.7% |
| 4 Bedrooms | $155K | $133.9K | -13.6% |
| 5+ Bedrooms | $173.5K | $420K | +142.1% |
Summary: Hillsboro Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.1%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 142.1%.
Median Sold Price Compared To Nearby Cities
| Hillsboro Township | $117.5K | $125K | +6.4% |
| Hillsboro | $127K | $125K | -1.6% |
Housing Supply in Hillsboro Township, IL
How many homes are available in Hillsboro Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Hillsboro Township real estate market had 19 homes for sale in October 2024, a 5.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 3 | -62.5% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Hillsboro 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 decreased by 62.5%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hillsboro Township, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Hillsboro Township in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Hillsboro Township, IL
How long does it take to sell a home in Hillsboro Township, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 77 Days | 38 Days | -50.2% |
Summary: Homes in Hillsboro Township had an average of 38 days on market in Oct 2024, down by 50.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hillsboro Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Hillsboro Township; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.