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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Carroll Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Mount Carroll Township, IL

How much do homes in Mount Carroll Township, IL cost?

Median Sold Price

$128,500

$65/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,200(-6.7%)

Key Takeaway

Homes in Mount Carroll Township have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in Mount Carroll Township was $128,500 in November 2024, down 6.7% from last year, and the median price per square foot was $65.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$85K
N/A
3 $124.9K$160.2K
+28.3%
4 $163K$128.5K
-21.2%
5+ -$22.5K
N/A

Summary: Mount Carroll 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 did not change, 3 bedroom homes increased by 28.3%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Salem Township
+3.3%
Mount Carroll Township
-6.7%

Housing Supply in Mount Carroll Township, IL

How many homes are available in Mount Carroll Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
35+66.7%

Summary: The Mount Carroll Township real estate market had 5 homes for sale in November 2024, a 66.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 12
+100.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Mount Carroll 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 increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

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 Mount Carroll 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 Mount Carroll Township in November 2024, up by 100.0% 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 Mount Carroll Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days14 Days-6.7%

Summary: Homes in Mount Carroll Township had an average of 14 days on market in Nov 2024, down by 6.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Mount Carroll 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Mount Carroll Township, IL

Nearby Markets to Mount Carroll Township, IL