$1,722 Closing Credit*
$145,000
1,012 SqFt
3 Beds
•1 Full Bath, 1 Partial
Richard Westen, Listing Office: Re/Max Unified Brokers, 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 November 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
$89,450
$64/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,700(+1.9%)
Key Takeaway
Homes in Macomb City Township have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Macomb City Township was $89,450 in November 2024, up 1.9% from last year, and the median price per square foot was $64.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $36.7K | -33.2% |
| 2 Bedrooms | $68.4K | $77.2K | +12.9% |
| 3 Bedrooms | $101K | $92.5K | -8.4% |
| 4 Bedrooms | $133.9K | $125K | -6.6% |
| 5+ Bedrooms | $119K | $183K | +53.8% |
Summary: Macomb City Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.2%, 2 bedroom homes increased by 12.9%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 53.8%.
Median Sold Price Compared To Nearby Cities
| Emmet Township | $127K | $132K | +3.9% |
| Macomb City Township | $87.7K | $89.4K | +1.9% |
| Macomb | $99.9K | $99.9K | 0.0% |
Housing Supply in Macomb City Township, IL
How many homes are available in Macomb City Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 76 | 0.0% |
Summary: The Macomb City Township real estate market had 76 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 23 | 23 | 0.0% |
| 3 Bedrooms | 33 | 33 | 0.0% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Macomb City 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
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 8 homes were sold or pending in Macomb City Township in November 2024, up by 14.3% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 112 Days | +123.0% |
Summary: Homes in Macomb City Township had an average of 112 days on market in Nov 2024, up by 123% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Macomb City Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 8 homes were sold in Macomb City Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.