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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Pleasant Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Mount Pleasant Township, IL

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

Median Sold Price

$118,750

$86/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,150(-1.0%)

Key Takeaway

Homes in Mount Pleasant Township have sold for 1% less than they did a year ago.

Summary: The median home sold price in Mount Pleasant Township was $118,750 in November 2024, down 1% from last year, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $135K$96K
-28.9%
2 $83K$87.5K
+5.4%
3 $114.5K$135.5K
+18.3%
4 $155K$117K
-24.5%
5+ $218K$185K
-15.1%

Summary: Mount Pleasant Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.9%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 18.3%, 4 bedroom homes decreased by 24.5%, and 5+ bedroom homes decreased by 15.1%.

Median Sold Price Compared To Nearby Cities

Mount Pleasant Township
-1.0%
Morrison
-3.4%

Housing Supply in Mount Pleasant Township, IL

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2822-21.4%

Summary: The Mount Pleasant Township real estate market had 22 homes for sale in November 2024, a 21.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 82
-75.0%
3 1311
-15.4%
4 68
+33.3%
5+ 00
0.0%

Summary: The Mount Pleasant 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 decreased by 75%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 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 Pleasant Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Mount Pleasant Township in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Mount Pleasant Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days6 Days-78.7%

Summary: Homes in Mount Pleasant Township had an average of 6 days on market in Nov 2024, down by 78.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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 Pleasant Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Mount Pleasant 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 17 Days Ago

Newest Listings in Mount Pleasant Township, IL

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What housing markets are near Mount Pleasant Township, IL?