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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middlefork Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Middlefork Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Middlefork Township, IL

How much do homes in Middlefork Township, IL cost?

Median Sold Price

$250,000

-

Based on all homes sold in December 2024.

Difference Since Last Month

+$192,600(+335.5%)

Key Takeaway

Homes in Middlefork Township have sold for 335.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $57.4K-
N/A
3 -$250K
N/A
4 --
N/A
5+ --
N/A

Summary: Middlefork Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Middlefork Township
+335.5%
Potomac
+335.5%

Housing Supply in Middlefork Township, IL

How many homes are available in Middlefork Township, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
31-66.7%

Summary: The Middlefork Township real estate market had 1 homes for sale in December 2024, a 66.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Middlefork Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middlefork Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Middlefork Township in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Middlefork Township, IL

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

Average Sale Time

Nov 2024Dec 2024CHANGE
15 Days89 Days+474.2%

Summary: Homes in Middlefork Township had an average of 89 days on market in Dec 2024, up by 474.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Middlefork Township has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Middlefork Township; 0% of homes were sold within 30 days, 100% 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 6 Days Ago

Newest Listings in Middlefork Township, IL

Nearby Markets to Middlefork Township, IL