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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moweaqua Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Moweaqua Township, IL

How much do homes in Moweaqua Township, IL cost?

Median Sold Price

$285,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$138,800(+94.9%)

Key Takeaway

Homes in Moweaqua Township have sold for 94.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $128.9K-
N/A
3 $173K$185K
+6.9%
4 -$339.9K
N/A
5+ --
N/A

Summary: Moweaqua Township housing prices by bedroom type for November 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 increased by 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Moweaqua Township
+94.9%
Moweaqua
+94.9%

Housing Supply in Moweaqua Township, IL

How many homes are available in Moweaqua Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
86-25.0%

Summary: The Moweaqua Township real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 44
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Moweaqua 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moweaqua 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 3 homes were sold or pending in Moweaqua Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Moweaqua Township, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
13 Days13 Days+1.9%

Summary: Homes in Moweaqua Township had an average of 13 days on market in Nov 2024, up by 1.9% compared to last month.

Breakdown of Home Sale Times

2 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 Moweaqua Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Moweaqua Township; 67% 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 4 Days Ago

Newest Listings in Moweaqua Township, IL

Nearby Markets to Moweaqua Township, IL