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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Irvington Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Irvington Township, IL

How much do homes in Irvington Township, IL cost?

Median Sold Price

$134,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,500(+30.7%)

Key Takeaway

Homes in Irvington Township have sold for 30.7% more than they did a year ago.

Summary: The median home sold price in Irvington Township was $134,000 in November 2024, up 30.7% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $60K-
N/A
2 $78.7K$78.4K
-0.4%
3 $139.9K$133K
-5.0%
4 $215K$449K
+108.8%
5+ -$390K
N/A

Summary: Irvington 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 decreased by 0.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 108.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Irvington Township
+30.7%
Centralia
-7.0%

Housing Supply in Irvington Township, IL

How many homes are available in Irvington Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
220.0%

Summary: The Irvington Township real estate market had 2 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Irvington 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Irvington Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for Irvington Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
195 Days13 Days-93.3%

Summary: Homes in Irvington Township had an average of 13 days on market in Nov 2024, down by 93.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Irvington Township; 100% of homes were sold within 30 days, 0% 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 Irvington Township, IL

Nearby Markets to Irvington Township, IL

What housing markets are near Irvington Township, IL?