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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pembroke Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Pembroke Township, IL

How much do homes in Pembroke Township, IL cost?

Median Sold Price

$160,000

$160/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$39,000(-19.6%)

Key Takeaway

Homes in Pembroke Township have sold for 19.6% less than they did a month ago.

Summary: The median home sold price in Pembroke Township was $160,000 in October 2024, down 19.6% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$160K
N/A
3 --
N/A
4 $199K-
N/A
5+ --
N/A

Summary: Pembroke 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.

Housing Supply in Pembroke Township, IL

How many homes are available in Pembroke Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
35+66.7%

Summary: The Pembroke Township real estate market had 5 homes for sale in October 2024, a 66.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 12
+100.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Pembroke 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 increased by 200%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, 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

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pembroke Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for Pembroke Township, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
83 Days8 Days-90.4%

Summary: Homes in Pembroke Township had an average of 8 days on market in Oct 2024, down by 90.4% 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 Pembroke Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Pembroke 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 23 Days Ago

Newest Listings in Pembroke Township, IL

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