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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manlius Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Manlius Township, IL

How much do homes in Manlius Township, IL cost?

Median Sold Price

$164,250

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,000(-15.4%)

Key Takeaway

Homes in Manlius Township have sold for 15.4% less than they did a year ago.

Summary: The median home sold price in Manlius Township was $164,250 in October 2024, down 15.4% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$62.5K
N/A
2 $120K$140K
+16.7%
3 $215K$202K
-6.0%
4 $300K$220K
-26.7%
5+ $90K$314.5K
+249.4%

Summary: Manlius Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 249.4%.

Median Sold Price Compared To Nearby Cities

Marseilles
-13.3%
Manlius Township
-15.4%

Housing Supply in Manlius Township, IL

How many homes are available in Manlius Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2023+15.0%

Summary: The Manlius Township real estate market had 23 homes for sale in October 2024, a 15.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 54
-20.0%
3 97
-22.2%
4 610
+66.7%
5+ 01
+100.0%

Summary: The Manlius 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 decreased by 20%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manlius Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Manlius Township in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Manlius Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days33 Days+44.3%

Summary: Homes in Manlius Township had an average of 33 days on market in Oct 2024, up by 44.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Manlius Township; 60% of homes were sold within 30 days, 40% 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 20 Days Ago

Newest Listings in Manlius Township, IL

Nearby Markets to Manlius Township, IL

What housing markets are near Manlius Township, IL?