$903 Closing Credit*
$76,000
748 SqFt
2 Beds
•1 Full Bath
Gabriel Serrano, Listing Office: Homeology Solutions QCA
Is Orion 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, Orion Township has remained a Buyer's Market.
Key Takeaway
Orion Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Orion Township, IL
How much do homes in Orion Township, IL cost?
Median Sold Price
$195,500
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,050(+6.6%)
Key Takeaway
Homes in Orion Township have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Orion Township was $195,500 in November 2024, up 6.6% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $204.9K | $204K | -0.4% |
| 3 Bedrooms | $173.5K | $182K | +4.9% |
| 4 Bedrooms | $265K | $220K | -17.0% |
| 5+ Bedrooms | - | $550K | N/A |
Summary: Orion 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 decreased by 0.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Orion Township | $183.4K | $195.5K | +6.6% |
| Canton Township | $93K | $99K | +6.5% |
Housing Supply in Orion Township, IL
How many homes are available in Orion Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Summary: The Orion Township real estate market had 8 homes for sale in November 2024, a 100.0% increase 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 | 1 | +100.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Orion 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 increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orion 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 Orion Township in November 2024, up by 100.0% month-over-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 Orion Township, IL
How long does it take to sell a home in Orion Township, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 146 Days | 3 Days | -97.9% |
Summary: Homes in Orion Township had an average of 3 days on market in Nov 2024, down by 97.9% compared to last year.
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
Key Takeaway
Many homes in Orion Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Orion 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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.