$4,976 Closing Credit*
$419,000
Listing Office: Brinkoetter REALTORS®
Is Mount Zion Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mount Zion Township has remained a Seller's Market.
Key Takeaway
Mount Zion Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Zion Township, IL
How much do homes in Mount Zion Township, IL cost?
Median Sold Price
$187,500
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,250(+5.2%)
Key Takeaway
Homes in Mount Zion Township have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Mount Zion Township was $187,500 in November 2024, up 5.2% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $189K | N/A |
| 3 Bedrooms | $162.7K | $175K | +7.5% |
| 4 Bedrooms | $287K | $226.2K | -21.2% |
| 5+ Bedrooms | $326.5K | $396K | +21.3% |
Summary: Mount Zion 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 7.5%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes increased by 21.3%.
Median Sold Price Compared To Nearby Cities
| Mount Zion | $175.7K | $210K | +19.5% |
| Mount Zion Township | $178.2K | $187.5K | +5.2% |
| Long Creek | $224.9K | $182K | -19.1% |
Housing Supply in Mount Zion Township, IL
How many homes are available in Mount Zion Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Mount Zion Township real estate market had 13 homes for sale in November 2024, a 7.1% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Mount Zion 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 decreased by 30%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Zion Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Mount Zion Township in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Mount Zion Township, IL
How long does it take to sell a home in Mount Zion Township, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 26 Days | -58.5% |
Summary: Homes in Mount Zion Township had an average of 26 days on market in Nov 2024, down by 58.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mount Zion Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Mount Zion Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
