$3,193 Closing Credit*
$268,900
2,185 SqFt
3 Beds
•2 Full Baths
Listing Office: Re/Max Alliance
Is Moro Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Moro Township has remained a Seller's Market.
Key Takeaway
Moro Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moro Township, IL
How much do homes in Moro Township, IL cost?
Median Sold Price
$299,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+13.3%)
Key Takeaway
Homes in Moro Township have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Moro Township was $299,000 in October 2024, up 13.3% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $162.9K | $210K | +28.9% |
| 3 Bedrooms | $215K | $298K | +38.6% |
| 4 Bedrooms | $337.2K | $389K | +15.4% |
| 5+ Bedrooms | $505K | $540K | +6.9% |
Summary: Moro 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 28.9%, 3 bedroom homes increased by 38.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Cities
| Bunker Hill Township | $142.5K | $177.5K | +24.6% |
| Moro | $202.5K | $235K | +16.0% |
| Moro Township | $264K | $299K | +13.3% |
| Fort Russell Township | $270.7K | $250K | -7.7% |
Housing Supply in Moro Township, IL
How many homes are available in Moro Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Summary: The Moro Township real estate market had 14 homes for sale in October 2024, a 55.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Moro Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moro Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Moro Township in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Moro Township, IL
How long does it take to sell a home in Moro Township, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 78 Days | 35 Days | -54.6% |
Summary: Homes in Moro Township had an average of 35 days on market in Oct 2024, down by 54.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Moro Township has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Moro Township; 33% of homes were sold within 30 days, 67% 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.