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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nunda Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Nunda Township, IL

How much do homes in Nunda Township, IL cost?

Median Sold Price

$336,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,334(+4.8%)

Key Takeaway

Homes in Nunda Township have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Nunda Township was $336,000 in October 2024, up 4.8% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $117.5K$124.9K
+6.3%
2 $216K$235K
+8.8%
3 $300K$315.8K
+5.3%
4 $440K$480K
+9.1%
5+ $567.5K$529.9K
-6.6%

Summary: Nunda Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 6.6%.

Median Sold Price Compared To Nearby Cities

Crystal Lake
+9.2%
Oakwood Hills
+7.8%
Nunda Township
+4.8%

Housing Supply in Nunda Township, IL

How many homes are available in Nunda Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
167190+13.8%

Summary: The Nunda Township real estate market had 190 homes for sale in October 2024, a 13.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 36
+100.0%
2 3126
-16.1%
3 7281
+12.5%
4 4863
+31.3%
5+ 1314
+7.7%

Summary: The Nunda Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5045-10.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nunda Township, you may be able to get a good deal. 42.2% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in Nunda Township in October 2024, down by 10.0% month-over-month. Of the 45 sold homes, 42% were sold under asking, 20% were sold at asking, and 38% were sold over asking.

Days on Market for Nunda Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days21 Days+51.8%

Summary: Homes in Nunda Township had an average of 21 days on market in Oct 2024, up by 51.8% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 45 homes were sold in Nunda Township; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 4% 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 20 Days Ago

Newest Listings in Nunda Township, IL

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