$2,374 Closing Credit*
$199,900
1,289 SqFt
3 Beds
•1 Full Bath
Listing Office: Fusion Realty, LLC
Is Marine 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, Marine Township was a Buyer's Market.
Key Takeaway
Marine Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Marine Township, IL
How much do homes in Marine Township, IL cost?
Median Sold Price
$320,932
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$92,932(+40.8%)
Key Takeaway
Homes in Marine Township have sold for 40.8% more than they did a year ago.
Summary: The median home sold price in Marine Township was $320,932 in November 2024, up 40.8% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142K | $257K | +81.0% |
| 3 Bedrooms | $245K | $308.4K | +25.9% |
| 4 Bedrooms | $318.7K | $342.6K | +7.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Marine 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 increased by 81%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Marine | $202K | $325.4K | +61.1% |
| Marine Township | $228K | $320.9K | +40.8% |
| Highland | $209K | $230K | +10.1% |
| Saline Township | $272.5K | $275K | +0.9% |
Housing Supply in Marine Township, IL
How many homes are available in Marine Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Marine Township real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Marine 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 increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marine Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Marine Township in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Marine Township, IL
How long does it take to sell a home in Marine Township, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 15 Days | -51.6% |
Summary: Homes in Marine Township had an average of 15 days on market in Nov 2024, down by 51.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Marine Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Marine 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.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.