$2,553 Closing Credit*
$215,000
2,656 SqFt
4 Beds
•3 Full Baths
Marilyn Pruitt, Listing Office: C21 Purdum-Epperson Inc
Is Macomb City Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Macomb City Township was a Seller's Market.
Key Takeaway
Macomb City Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Macomb City Township, IL
How much do homes in Macomb City Township, IL cost?
Median Sold Price
$92,250
$66/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,750(+11.8%)
Key Takeaway
Homes in Macomb City Township have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Macomb City Township was $92,250 in October 2024, up 11.8% from last year, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $36.7K | -33.2% |
| 2 Bedrooms | $67.9K | $77.2K | +13.8% |
| 3 Bedrooms | $101K | $92.9K | -7.9% |
| 4 Bedrooms | $122K | $135.2K | +10.8% |
| 5+ Bedrooms | $103K | $199.9K | +94.1% |
Summary: Macomb City Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.2%, 2 bedroom homes increased by 13.8%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 94.1%.
Median Sold Price Compared To Nearby Cities
| Macomb | $90K | $101K | +12.2% |
| Macomb City Township | $82.5K | $92.2K | +11.8% |
Housing Supply in Macomb City Township, IL
How many homes are available in Macomb City Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 76 | -1.3% |
Summary: The Macomb City Township real estate market had 76 homes for sale in October 2024, a 1.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 23 | 23 | 0.0% |
| 3 Bedrooms | 34 | 31 | -8.8% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Macomb City Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 7 | -50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Macomb City Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Macomb City Township in October 2024, down by 50.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Macomb City Township, IL
How long does it take to sell a home in Macomb City Township, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 87 Days | +76.5% |
Summary: Homes in Macomb City Township had an average of 87 days on market in Oct 2024, up by 76.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Macomb City Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Macomb City Township; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.