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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Boston Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in New Boston Township, IL

How much do homes in New Boston Township, IL cost?

Median Sold Price

$60,000

$31/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$225,000(-78.9%)

Key Takeaway

Homes in New Boston Township have sold for 78.9% less than they did a month ago.

Summary: The median home sold price in New Boston Township was $60,000 in October 2024, down 78.9% from last month, and the median price per square foot was $31.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $285K-
N/A
3 -$60K
N/A
4 --
N/A
5+ --
N/A

Summary: New Boston Township housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Boston Township
-78.9%
New Boston
-78.9%

Housing Supply in New Boston Township, IL

How many homes are available in New Boston Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43-25.0%

Summary: The New Boston Township real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The New Boston 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 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

Sep 2024Oct 2024CHANGE
110.0%

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 New Boston 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 New Boston Township in October 2024, the same as the previous 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 New Boston Township, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
15 Days4 Days-73.3%

Summary: Homes in New Boston Township had an average of 4 days on market in Oct 2024, down by 73.3% compared to last month.

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 New Boston Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in New Boston 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 22 Days Ago

Newest Listings in New Boston Township, IL

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