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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ogden Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Ogden Township, IL

How much do homes in Ogden Township, IL cost?

Median Sold Price

$193,600

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,600(+10.0%)

Key Takeaway

Homes in Ogden Township have sold for 10% more than they did a year ago.

Summary: The median home sold price in Ogden Township was $193,600 in October 2024, up 10% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $105K$119K
+13.3%
3 $177K$194.8K
+10.1%
4 $285K$225K
-21.1%
5+ -$265K
N/A

Summary: Ogden Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ogden
+12.0%
Ogden Township
+10.0%

Housing Supply in Ogden Township, IL

How many homes are available in Ogden Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
32-33.3%

Summary: The Ogden Township real estate market had 2 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Ogden 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 remained the same, 3 bedroom homes decreased by 33.3%, 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

0 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 Ogden Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Ogden Township in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Ogden Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
78 Days67 Days-14.1%

Summary: Homes in Ogden Township had an average of 67 days on market in Oct 2024, down by 14.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ogden Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Ogden Township; 0% of homes were sold within 30 days, 100% 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 Ogden Township, IL

Nearby Markets to Ogden Township, IL